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$835,000
Total Beds: 3 Total Baths: 2
Total Units: 2 SQFT: 1408
LOT size: 0.24 Acres
192 Salem St
Wakefield, MA 01880
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Property Description

Beautifully sited on a landscaped knoll in a popular residential location. Turnkey 2 fam features a 4-room 1st floor, 2 bedroom unit and a 2nd floor 3 room, 1 bedroom unit. Well updated 1st floor apartment includes a newer 3/4 bath, kitchen with corian counters, breakfast bar and SS appliances. The flexible use, oversized living room features hardwood floors, lots of glass and overlooks the backyard. The 1st floor unit also has a garage under, basement and laundry access with additional storage. Exclusive access to the top floor apartment is through a large open front porch. This kitchen features newer stainless-steel appliances, (refrigerator, DW and stove). There is also a newer tiled full bath and hardwood floors. The large lot has a pretty 12X10 detached screen house nestled in the rear. Each unit has an individual laundry hook ups, dedicated use driveways separate oil burners and electric. All this in close proximity to highways, town, activities and recreational use at Lake Q.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Concrete Floor, Crawl, Full, Garage Access, Interior Access, Mixed, Unfinished Basement
  • Common Rooms: Kitchen, Living Room, Mudroom
  • Common Interior Features: Bathroom with Shower Stall, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Dryer Hookup, Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Active Solar, Electric Baseboard, Electric Baseboard, Hot Water Radiators, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 60000
  • Gross Expenses: 5623
  • Water/Sewer: 2163
  • INSC: 3460
  • Net Operating Income: 60000

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1920
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Shingle, Slate
  • Flooring Type: Hardwood, Laminate, Tile, Vinyl / VCT, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73504944
  • Last Updated: 04/23/26
  • Terms: Delayed Occupancy, Joint Venture

Mortgage Calculator

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Map

Seller's Representative: Christopher Barrett, Barrett, Chris. J., REALTORS®
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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MLS PIN data last updated at 2026-04-23 13:53:00