Active
New
46-48 Waverly Place
Melrose MA, 02176
$1,650,000
$561.22 per sqft
Active
New
7 Beds
7 Baths
2,940 sqft
Multi-family
Built in 1900
This 7-unit multifamily property consists of (7) One-bedroom apartments with (8) off-street parking spaces for tenants to use. This asset is located directly next to the Wyoming Hill MBTA station which makes it very convenient for tenants who are commuting into the city for work or fun. This is the first time the property has been on the market in over 26 years. The rents are currently 40% below market rate, investors have the opportunity to add value through upgrading units and hallways to a more modern look and raising rents to market rate. All interested parties will have the opportunity to obtain additional information upon request.
73320720
MLSⓇ ID
December 19, 2024
Listed
December 19, 2024
Updated
Map
46-48 Waverly Place
Melrose MA, 02176
Interior Features
Total Stories
3
Bedrooms
7
Total Bathrooms
7
Full Bathrooms
7
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
Level
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$9,557
Tax Frequency
Annually
Garage
No
Parking
Off Street
Parking Total
8
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
MF 5+
Courtesy of Bradford Carlson, New England Realty Advisors LLC
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Data last updated 8:18 PM UTC, 12/19/2024
