Active

46-48 Waverly Place

Melrose MA, 02176

$1,650,000


$561.22 per sqft

Active

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 23, 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


Days on Market

4


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

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Data last updated 8:37 AM UTC, 12/23/2024

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