46-48 Waverly Place, Melrose, MA 02176

$1,750,000
7
BD
7
BA
2,940
SqFt

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Sold Price
$1,750,000
List Price
$1,650,000
Status
SOLD
MLS#
73320720
Bedrooms
7
Bathrooms
7
Full Baths
7
Living Area
2,940
Lot Size (Acres)
0.15
Year Built
1900

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.

Additional Information

Taxes
$9,557
Parking Description
Off Street
Lot Description
Level
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bradford Carlson from Listing Office: New England Realty Advisors LLC.

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