46-48 Waverly Place new Save Request In-Person Tour Request Virtual Tour
Melrose,MA 02176
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
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+
Interior
Flooring Wood
Exterior
Community Features Public Transportation,T-Station
Roof Type Shingle
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public