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$1,095,000
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 2695
LOT size: 0.09 Acres
4 Pleasant St
Wakefield, MA 01880
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Property Description

Exceptional 3-family opportunity ideal for owner-occupants or investors, offering strong income potential and long-term upside. This well-maintained property is desirably located just a 4-min walk from downtown Wakefield, providing convenient access to shops, dining, and transportation. The building features ample off-street parking with 2 dedicated spaces per unit, along with valuable tenant amenities including 3 private storage units and three separate laundry hookups in the basement. The spacious first-floor unit spans the entire level, offering a generous layout. The second and third units are both townhouse-style apartments, each with two floors of living space. All units are individually metered, with tenants responsible for their own heat and electricity. The first-floor unit is currently rented below market, presenting a clear value-add opportunity through future rent optimization. This property combines location, functionality, and upside—an excellent addition to any portfolio

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Basement Features: Full, Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Disposal, Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 57000
  • Gross Expenses: 6295
  • Electric Expenses: 180
  • Water/Sewer: 2800
  • INSC: 3315
  • Net Operating Income: 57000

Utilities

  • 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: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

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

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73545954
  • Last Updated: 07/08/26

Mortgage Calculator

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Map

Seller's Representative: Eric Paul, J. Borstell Real Estate, Inc.
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 2026-07-08 03:30:00

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