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INVESTMENT SNAPSHOT
About this property
Rare two-family investment opportunity in the heart of Wakefield! This multi-family home is ideal for an owner-occupant, multigenerational living, or an investor seeking rental income near Boston. Just a short walk to the Wakefield commuter rail station, downtown Wakefield shops and restaurants, and scenic Lake Quannapowitt.Recent upgrades add value and peace of mind: new windows (2022), Unit 2 heating conversion from oil to gas, a fully remodeled bathroom in Unit 1, and a new vinyl fence. The fully fenced yard and private deck off Unit 1 create excellent outdoor space for entertaining or tenants alike.
Property details
| Units | 2 |
| Living area | 2,858 sqft |
| Lot size | 4,748 sqft |
| Year built | 1800 |
| Price / sqft | $315 |
| County | Middlesex |
| MLS # | 73546627 |
Listing status
| Days on market | 26 days |
| Listed on | July 8, 2026 |
Taxes & financials
| Annual property tax | $7,911 |
| Tax year | 2025 |
| Assessed value | $697,000 |
| Zoning | GR |
| Gross income (actual) | $54,000/yr |
| Net operating income (actual) | $54,000/yr |
| Total actual rent | $4,500/mo |
Building & lot
| Stories | 4 |
| Total rooms | 11 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Tandem |
| Basement | Full, Partially Finished, Walk-Out Access |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Carpet |
Utilities & systems
| Heating | Oil, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer |
Location
More about investing in Wakefield →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 20 Otis St, Wakefield MA 01880 have?
It is a 2-unit multi-family property with 2,858 sqft of living area, built in 1800.
How long has 20 Otis St, Wakefield MA 01880 been on the market?
20 Otis St, Wakefield MA 01880 has been listed for 26 days (since July 8, 2026).
What is the price per unit?
At a list price of $899,000 across 2 units, that works out to roughly $449,500 per unit.
What are the property taxes on 20 Otis St, Wakefield MA 01880?
Annual property taxes are $7,911 (2025), on an assessed value of $697,000.
What is the price per square foot?
At $899,000 for 2,858 sqft, that's about $315 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, tandem).
Where is this property located?
20 Otis St, Wakefield MA 01880 is in Wakefield, Middlesex County, MA 01880.
