
306 Main Street Wakefield — Photo 1 of 6
$1,550,000
Wakefield, MA 01880
Beds
4
Baths
4.5
SqFt
3,542
Style
4 Family - 4 Units Up/Down
Built
1880
Don’t miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield—combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.
Washer • Dryer • Range • Refrigerator
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
27,793
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
29.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Rachel Gallant
Listing Office: Century 21 North East
MLS® Number: 73564750
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