293 Albion St, Wakefield, MA, 01880
About This Home
Attention savvy investors and owner-occupants! Discover this incredible value-add opportunity at 293 Albion St, a rare two-family home situated in the highly desirable West Side of Wakefield. This property offers a wealth of classic character with hardwood floors throughout and soaring high ceilings that create an airy, spacious feel. The first-floor unit features three large rooms and one bedroom. The massive second-floor unit is truly exceptional, offering nine rooms and five bedrooms, making it perfect for a large household or an investor looking to maximize rental returns in a high-demand market. The location is unbeatable for commuters, with close proximity to the Commuter Rail station, the Wakefield/Reading bus stop, and quick access to Routes 128/95 and 93. Enjoy the lifestyle benefits of being moments away from scenic Lake Quannapowitt and the vibrant shopping and dining in downtown Wakefield. Bring your vision and custom updates to unlock the full potential of this expansive W
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Up/Down
Interior
Appliances
- Appliances included: Range,Disposal
Basement
- Has basement: Yes
- Basement: Full,Bulkhead
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Crown Molding,Living Room,Kitchen
- Flooring: Hardwood
- Number of fireplaces: 1
- Fireplace: Yes
- Finished area above ground: 1,942
Heating
- Heating features: Oil
Interior Area
- Total structure area: 1,942
- Total interior livable area: 1,942 sqft
Property
Details
- Parcel number: M:000008 B:0245 P:000142,816413
- Zoning: GR
Lot
- Lot size: 3,067 sqft
Parking
- Total spaces: 2
- Parking features: Paved Drive
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $749 | $8,988 |
| Electricity | $382 | $4,595 |
| Total | $5,353 | $64,236 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $849,000 |
| 2020-02-20 | Listing removed | $619,000 |
| 2020-01-17 | Price change | $619,000 |
| 2020-01-10 | Price change | $639,000 |
| 2019-10-10 | Listed for sale | $650,000 |
| 2018-12-03 | Listing removed | $630,000 |
| 2018-11-11 | Listed for sale | $630,000 |
| 2018-04-19 | Listing removed | $650,000 |
| 2017-12-21 | Listed for sale | $650,000 |
| 2001-08-06 | Sold | $355,000 |
| 2000-11-27 | Sold | $230,000 |
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