Active Under Contract
65 Days on market
4 Pleasant St Wakefield — Photo 1 of 25

4 Pleasant St Wakefield — Photo 1 of 25

Recent Drop: $146,000

$1,095,000
$949,000

$949,000

4 Pleasant St, Wakefield, MA 01880

Wakefield, MA 01880

Beds

6

Baths

3

SqFt

2,695

Style

3 Family

Built

1880

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

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$352/sqft
Local Avg (Wakefield)$450/sqft
22% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Wakefield, MA.

Property Details

Financials

Original Price$1,095,000
Annual Taxes$8,736

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementFull, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningB

Property & Lot

Acres0.09
SqFt Lot3,994
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator

Geography

Property History

Price Drop
$949,000

Was $995,000

Aug 18, 2026

MLS® 73545954

Price Drop
$995,000

Was $1,095,000

Jul 28, 2026

MLS® 73545954

Listed
$1,095,000

Jul 7, 2026

MLS® 73545954

Population

27,793

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

29.3%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

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 Provided By

Listing Agent: Eric Paul

Listing Office: J. Borstell Real Estate, Inc.

MLS® Number: 73545954

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