46-48 Waverly Place new

Melrose,MA 02176

$ 1650000

7 Beds

7 Baths

2940 SqFt


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

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