24 W Water St

Taxes: $9,579.84 (2026)

About this home

Fantastic two-family opportunity in the heart of downtown Wakefield! Set on a large 12,637 sq. ft. lot, this well-maintained property offers space, updates, and an unbeatable location. Featuring 12 total rooms, 5 bedrooms, and 2 full baths, it’s ideal for investors, owner-occupants, or extended family living. Unit 1 offers 6 rooms, 2 bedrooms, and 1 bath. Unit 2 offers 6 rooms, 3 bedrooms, and 1 bath. A few of the many recent updates include a 5-year-old roof, two updated heating systems, updated electrical, and a renovated second-floor kitchen and bath. The third floor has been improved with two additional bedrooms, adding valuable living space. Enjoy a large backyard and parking for at least 5 cars non-tandem—rare for this downtown setting. Unmatched location: a short walk to commuter rail to Boston, Lake Quannapowitt, and all downtown shops, restaurants, and amenities. Easy highway access and a true walkable lifestyle make this one of Wakefield’s most desirable offerings.

Property details

Road type

Public

Basement

Full

Electric

Circuit Breakers