Multi-Family for Sale: 46-48 Waverly Place, Melrose, MA 02176

7 beds
7 full baths
2,940 sqft
$1,650,000
$1,650,000
46-48 Waverly Place, Melrose, MA 02176
7 beds
7 full baths
2,940 sqft
$1,650,000
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Price:
$1,650,000
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Type Multi-Family
Beds 7
Total Baths 7 full baths
Square Feet 2,940 sqft
Lot Size 0.15 acres
Year Built 1900
City Melrose
County Middlesex
MLS 73320720
Status Active
DOM 4 days
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.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,557
Water Public
Foundation Stone
Roof Shingle
Full Baths 7
Parking Off Street
Total Rooms 24
Basement Feature Concrete
Garage Spaces 0

Price History of 46-48 Waverly Place, Melrose, MA

Date Name Price Difference
12/19/2024 Listing Price $1,650,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by New England Realty Advisors LLC, Bradford Carlson
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46-48 Waverly Place (MLS #73320720) is a multi-family listing located in Melrose, MA. This multi-family listing is 2,940 sqft and on a lot of 6,734 sqft (or 0.15 acres) with 7 bedrooms, 7 baths and is 124 years old. This property was listed on 12/19/2024 and has been priced for sale at $1,650,000.

Nearby zip codes are 01880, 02142, 02148, 02155 and 02180. This property neighbors other cities such as Malden, Medford, Saugus, Stoneham and Wakefield.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: New England Realty Advisors LLC

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.