About 306 Main Street
Don’t miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield—combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!
Features of 306 Main Street
| MLS® # | 73564750 |
|---|---|
| Price | $1,550,000 |
| Bedrooms | 4 |
| Bathrooms | 4.50 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 3,542 |
| Acres | 0.12 |
| Year Built | 1880 |
| Type | Residential Income |
| Sub-Type | 4 Family - 4 Units Up/Down |
| Status | Active |
Community Information
| Address | 306 Main Street |
|---|---|
| City | Wakefield |
| County | Middlesex |
| State | MA |
| Zip Code | 01880 |
Amenities
| Utilities | for Electric Range |
|---|---|
| Parking Spaces | 6 |
| Parking | Off Street, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer, Dryer, Range, Refrigerator |
|---|---|
| Heating | Electric |
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Foundation | Stone |
Additional Information
| Zoning | B |
|---|
Listing Details
| Agent | Rachel Gallant |
|---|---|
| Office | Century 21 North East |