North Reading Realtors |Real Estate Offices in Wilmington | No. Andover, Tewksbury | No. Reading M

12 Cedar Street, Wakefield, MA 01880  

Multi-Family
$825,000
Price
2
Units
2,800
Approx. GLA
AWESOME WESTSIDE LOCATION ... Beautiful updated two family just steps from Lake Quannapowitt. Short walk to all the shops and restaurants downtown and less than 1/2 mile to the Commuter Rail to Boston. 1st floor owner occupied unit is totally updated ... kitchen, dining rm, living rm, (2) bedrooms and a partially finished playroom in the basement. MOVE IN READY!!! 2nd/3rd floor unit also updated kitchen, dining rm, living rm, (3) bedrooms. Absolutely gorgeous hardwood floors throughout both apartments. Washer and dryer in both apartments. New plumbing and electric, new heating systems, appliances, granite counters, tiled floors. Private deck off 1st floor unit overlooking nice backyard. Separate electric and gas utilities for both units. Plenty of off street parking for (6) cars and a large two car garage.Showings start at Open Houses Sat. and Sun. 11:30AM to 1PM.Wear mask, if you have not been vaccinated. Otherwise optional. Offers are due by Noon, Tuesday, 6/8/21.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor, Exterior Access
List Price: $825,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Under Agreement
Beds: 5
Baths: 2
Half Baths: 1
Units: 2
Year Built: 1900
Year Round: Yes
Approx. GLA: 2,800
MLS#: 72842274
 
Interior
Basement: Yes
Electric Features: Circuit Breakers, 200 Amps, Individually Metered
Heating Units: 2
Heating Zones: 3
Flooring: Tile, Hardwood
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 12
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.15
Lot Size: 6,504.00
Lot Description: Paved Drive, Gentle Slope
Foundation: Concrete Block, Fieldstone
Garage Spaces: 2
Parking Spaces: 6
Parking Features: Off-Street, Tandem, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Beige
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Porch, Deck, Gutters
Water: City/Town Water
Water: City/Town Water
Sewage District: Town
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $615,600
Taxes: $7,837
Tax Year: 2021
Book/Page: 71749/558
School
Grade School: Walton
Middle School: Galvin
High School: Wakefield
Beach
Beach: No
Expenses
Expenses Source: Owner Provided, Projected
Gross Income: $56,400
Gross Expenses: $13,000
Total Rent: $2,500
Net Income: $43,000
Insurance Cost: $2,060
R&M Cost: $1,000
Water Cost: $1,800
Misc. Cost: $100
Additional
Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station
Disclosure Declaration: No
Disclosure: Apartment 2 lease expires 8/31/2021. Subject to SELLERS finding suitable housing.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 1 $2,200
Unit 2 7 3 0 2 1 1 Yes 2 $2,500
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard, Gas, Unit Control  Interior:  Bathroom with Shower Stall, Remodeled, Hardwood Floors, Slider, Stone/Ceramic Tile Floor, Upgraded Cabinets, Upgraded Countertops, Ceiling Fans, Cable TV Available, Balcony/Deck  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  Window AC  Applicances:  Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer  Heating:  Hot Water Baseboard, Gas, Unit Control  Interior:  Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Hardwood Floors, Stone/Ceramic Tile Floor, Upgraded Cabinets, Upgraded Countertops, Ceiling Fans, Cable TV Available, Tile Floor  Rooms:  Living Room, Dining Room, Kitchen, Office/Den 
Map
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The listing office is RE/MAX Renaissance Inc. and the listing agent is William B. Hoey. The property listing data and information, or the images, 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, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
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