$1,750,000
$1,650,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
46-48 Waverly Place Melrose, MA 02176
7 Beds
7 Baths
2,940 SqFt
Key Details
Sold Price $1,750,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,940 sqft
Price per Sqft $595
MLS Listing ID 73320720
Sold Date 03/05/25
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 Sub-Type 5-9 Family
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
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Bought with Bradford Carlson • New England Realty Advisors LLC
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