Amazing development opportunity for this detached two-family home on a rare 50X100 double lot in Wakefield. The home features a finished walkout basement with a bonus room and full bathroom, along with recent updates including a new oil boiler. Additional highlights include a rear balcony, two-car garage, and a private driveway providing ample parking. Zoned R5A, the property offers up to 7,500 buildable square feet (1.5 FAR), giving buyers multiple options — you can extend the existing home, add an ADU (Accessory Dwelling Unit) of up to 700 sq ft in the rear, or even subdivide the lot and build another two-family home. The zoning also allows for a community facility up to 10,000 sq ft, making it suitable for uses like a daycare, medical office, or institutional project (zoning analysis shown on the last listing picture. Tons of options here to make this a lucrative investment.
Listed by John Lajara
·
eXp Realty
·
888-276-0630
Last updated October 31, 2025
·
Source: OneKey #930216
Listing Facts
TypeMulti-family
NeighborhoodWakefield
Bedrooms5
Bathrooms3
Days on Prevu20
Taxes$5,997.4/year
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
10/30/2025
Listed by eXp Realty
$899,999
Estimated Closing Costs
Total
$27,409
Attorney Fees
$4,000
Title Insurance
$4,050
Bank Attorney
$1,500
Mortgage Recording Tax
$13,859
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $899,999 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
The data relating to real estate for sale on this website comes in part from the IDX
Program of OneKey™ MLS. The source of the displayed data is either the property owner
or public record provided by non-governmental third parties. It is believed to be reliable
but not guaranteed. This information is provided exclusively for consumers’ personal,
non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.