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Home Massachusetts Multi-Family Homes for Sale

51 Crescent Street Wakefield, MA 01880
20
$999,900
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 3278
LOT size: 0.07 Acres
51 Crescent Street
Wakefield, MA 01880
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Property Description

Location, Location, Location! 3-Family just minutes to downtown, the commuter rail is less than 1/2 mile, shopping, dining and major routes. Bright, spacious units feature high ceilings, nice flow and eat-in kitchens. Current rents are well below market. Updating, all three units will enhance the value of each unit (buyers/agents to verify). Enjoy strong rental demand, low vacancy, 2 off-street parking spaces and separate gas and electric. Four additional attic rooms, accessed from the 2nd-floor unit, offer exciting potential for expanded living space or flexible use (buyers to confirm). All the trees around the property are being removed on 12/5 by the owner for insurance purposes. Heating systems and hot water heaters are approx. 6–10 years old with the exception of unit 51A, the furnace is older. Furnaces are serviced regularly.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Partially Finished
  • Common Rooms: Family Room, Kitchen, Living Room
  • Common Interior Features: Internet Available - Broadband, Pantry, Storage, Tile Floor, Walk-Up Attic
  • Common Appliances: Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 54820
  • Net Operating Income: 18974

Utilities

  • Electric Info: 200 Amps
  • Utility Connections: for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat
  • Under Lease: No
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Heat
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1885
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Laminate, Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73453708
  • Last Updated: 11/15/25

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Map

Seller's Representative: The Bill Butler Group, Leading Edge Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-15 03:05:00

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