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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 #
73524465
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
86
On market date
May 27, 2026
Stories
N/A
Garage spaces
2
Lot size
0.2 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

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

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.