46-48 Waverly Place
$1,650,000
7
7
2,940
2,940
$561
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...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.
- Listed by Bradford Carlson • New England Realty Advisors LLC
Property Details for 46-48 Waverly Place
Town
Melrose
AreaMA-Melrose
Garage Spaces0
Parking Spaces8.00
Parking Spaces Total8
LISTING UPDATED: 12/19/2024 02:48 PM
Property Details for 46-48 Waverly Place
Status | New |
---|---|
MLS # | 73320720 |
Days on Market | 2 |
Taxes | $9,557 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1900 |
County | Middlesex County |
Building Information for 46-48 Waverly Place
Stories3Residences7Year Built1900Building Size-Lot Size0.15 AC / 6,734 SF
Property Information for 46-48 Waverly Place
Property History for 46-48 Waverly Place
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 46-48 Waverly Place
Taxable ValueLand$399,000Additions$563,400Total$962,400
Tax Record2024$9,557 ($796 / month)
Home Facts
Baths7Total Finished SqFt2,940 SqFtAbove Grade Finished SqFt2,940 SqFtUnfinished Basement SqFt1,248 SqFtStories2Lot Size6,734 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningBA2CountyMIDDLESEXAPNMELR M:0C6 P:0000004
Schools near 46-48 Waverly Place
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 |
---|---|---|
Hoover Elementary School PublicK to 5 | ||
Winthrop Elementary School PublicK to 5 | ||
Roosevelt 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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