4613 Carpenter Avenue

Description

Amazing development opportunity for this detached two-family home on a rare 50X100 double lot in Wakefield. The home features a finished walkout basement with a bonus room and full bathroom, along with recent updates including a new oil boiler. Additional highlights include a rear balcony, two-car garage, and a private driveway providing ample parking. Zoned R5A, the property offers up to 7,500 buildable square feet (1.5 FAR), giving buyers multiple options you can extend the existing home, add an ADU (Accessory Dwelling Unit) of up to 700 sq ft in the rear, or even subdivide the lot and build another two-family home. The zoning also allows for a community facility up to 10,000 sq ft, making it suitable for uses like a daycare, medical office, or institutional project (zoning analysis shown on the last listing picture. Tons of options here to make this a lucrative investment.