Single Family Residence at 16 Central St, Wakefield MA 01880
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37 photos

$739,900

16 Central St, Wakefield MA 01880
Wakefield, MA 01880
Listed by Stephen Conroy
Bedrooms
3
Bathrooms
1.5
Living area
1,465 sqft
Year built
1967

About this home

Roll up your sleeves and bring this wonderful Ranch, just steps from Lake Quannapowitt in Wakefield, back to perfection. This home has been in the same family for over 50 years and is now ready for new owners. Offering unlimited potential for a contractor to renovate and flip, or the buyers who want to live in a great neighborhood and will move in and put their own finishing touches on it. This home needs some work but you can build great equity at this location. 7 Rooms, 3 bedrooms, 2 baths, and a den or office all on a single level.. Hardwood floors, fireplaced livingroom, granite counters in kitchen. Gas cooking and heat. Main bedroom addition off rear with it's own en suite bath. Rear enclosed sunporch. Updated roof and newer high end Lochinvar tankless heating and HW system. All of this situated on a 17,000 sq ft lot. Just a short walk to Lake, the Common, downtown, bus line, and commuter rail to Boston. Convenient to major highways and MarketStreet Lynnfield. Open House Saturday Sept.19th 11:30-1:00

Highlights

Private poolFireplace

Property details

MLS
MLS Property Information Network
MLS #
73572008
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
47
On market date
September 4, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
5
Lot size
0.39 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Dolbeare
0.41 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
14.4:1
District
Wakefield
Middle
Galvin Middle School
1.04 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,061
Student:teacher ratio
11.9:1
District
Wakefield
High
Wakefield Memorial High
1.66 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
11.0:1
District
Wakefield

Walkability

Blended score for Wakefield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks9
Schools13
Transit stops20
Pharmacies3

Market position

How this listing compares to current activity in Wakefield, from live MLS data.

On the market 47 days -- 28 fewer days than Wakefield's current average of 75 days.
For reference, the median list price across 173 active listings in Wakefield right now is $639,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,606/mo
$147,980 down
$591,920 loan
Principal & interest$3,839
Property tax (est.)$617
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 15, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.