24 West Emerson Street
$1
7
5
3,725
3,725
$0
Description
Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate...Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s)
- Listed by Lisa DonFrancesco • Saint James Real Estate Advisors, LLC
Property Details for 24 West Emerson Street
Town
Melrose
MLS AreaMelrose Highlands
AreaMA-Melrose-Melrose Highlands, MA-Melrose
Garage Spaces4
Parking Spaces5.00
Parking Spaces Total9
LISTING UPDATED: 11/01/2024 03:56 AM
Property Details for 24 West Emerson Street
Status | Active |
---|---|
MLS # | 73306923 |
Days on Market | 54 |
Taxes | $10,033 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1900 |
County | Middlesex County |
Building Information for 24 West Emerson Street
Stories7Residences5Year Built1900Building Size-Lot Size0.22 AC / 9,750 SF
Property Information for 24 West Emerson Street
Property History for 24 West Emerson Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 24 West Emerson Street
Taxable ValueLand$445,600Additions$564,800Total$1,010,400
Tax Record2024$10,033 ($836 / month)
Home Facts
Baths5Total Finished SqFt3,725 SqFtAbove Grade Finished SqFt3,725 SqFtUnfinished Basement SqFt1,520 SqFtStories3Lot Size9,749 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningURDCountyMIDDLESEXAPNMELR M:0C8 P:0000109Fireplace TypeHas Fireplace
Schools near 24 West Emerson Street
This home is within Melrose School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 5 | ||
Winthrop Elementary School PublicK to 5 | ||
Horace Mann Elementary School PublicK to 5 | ||
Lincoln Elementary School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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