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$599,900
Total Beds: 3 Total Baths: 2
Total Units: 2 SQFT: 1878
LOT size: 0.12 Acres
4 Wiley Pl
Wakefield, MA 01880
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Property Description

GREAT OPPORTUNITY TO OWN A MULTI-FAMILY IN DESIRABLE Wakefield! Looking for an investment property or a chance to build sweat equity? This two-family home offers tremendous potential in a sought-after Wakefield location just a short distance to downtown amenities — including Lake Quannapowitt, restaurants, shopping, and public transportation. The first-floor unit features two bedrooms and a spacious step-down living room with great natural light. The second unit offers one bedroom, in-unit laundry, generous living space, and additional storage on the third floor — providing flexibility and expansion possibilities. Situated on a sizable corner lot, the property offers ample outdoor space ideal for gardening, entertaining, or future improvements. Bring your vision and your contractor — this is a value-add opportunity in a strong market.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Amenities: Highway Access, Laundromat, Marina, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room, Office/Den
  • Common Appliances: Dishwasher, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 19200
  • Net Operating Income: 19200

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: Washer Hookup, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73518789
  • Last Updated: 05/20/26
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Theo Carmone, Colonial Manor Realty
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 2026-05-20 19:07:00