Discover a rare opportunity to own one of Wakefield's historic landmarks at 131 Meadow Street. This unique property offers both residential and commercial use, blending modern updates with rich character. The residential side features a spacious 4-bedroom, 3.5-bath home with a private entry and attached 2-car garage. Inside, you'll find an updated kitchen and bathrooms, a generous primary suite, and comfortable living spaces ideal for today's lifestyle. The commercial side is currently home to a well-established medical family practice. It includes two offices, a welcoming waiting room, and six exam rooms, providing a turnkey setup for professional use. With a lease already in place, this portion of the property offers immediate income potential. Additional highlights include a new tin roof, low-maintenance vinyl siding, a brand new efficient oil furnace, and 12 dedicated parking spaces. The sale also includes an abutting 0.17-acre lot, expanding future possibilities. Whether you choose to lease both spaces for investment, or live in the residence while offsetting your mortgage with the office lease, 131 Meadow Street offers flexibility, function, and long-term value in a prime in-town location.