See all 36 photos
$1,650,000
Est. payment /mo
7 BD
7 BA
2,940 SqFt
New
46-48 Waverly Place Melrose, MA 02176
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UPDATED:
12/23/2024 08:05 AM
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $561
MLS Listing ID 73320720
Bedrooms 7
Full Baths 7
Year Built 1900
Annual Tax Amount $9,557
Tax Year 2024
Lot Size 6,534 Sqft
Acres 0.15
Property Description
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.
Location
State MA
County Middlesex
Zoning MF 5+
Direction Reach out to Brad Carlson for more information. CA required.
Rooms
Basement Concrete
Interior
Flooring Wood
Exterior
Community Features Public Transportation, T-Station
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by New England Realty Advisors LLC