Single Family Residence at 50 Albion St, Wakefield MA 01880
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$990,000

50 Albion St, Wakefield MA 01880
Wakefield, MA 01880
Listed by James Fitzgerald
Bedrooms
5
Bathrooms
2
Living area
3,341 sqft
Year built
1900

About this home

Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, café, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!

Property details

MLS
MLS Property Information Network
MLS #
73524465
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
147
On market date
May 27, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
14
Lot size
0.2 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
Walton
0.76 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
216
Student:teacher ratio
15.4:1
District
Wakefield
Middle
Galvin Middle School
0.23 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
1.19 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).

98
Highly walkable
out of 100
EPA National Walkability Index
19.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks10
Schools12
Transit stops20
Pharmacies3

Market position

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

On the market 147 days -- 72 more 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

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Est. monthly payment
$6,112/mo
$198,000 down
$792,000 loan
Principal & interest$5,137
Property tax (est.)$825
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 31, 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.