Melrose MA Multi Family for Sale
$2,380,000
11 Waverly Place Unit 11 Melrose, MA 02176
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.16 Acres
- Year built:
- 2024
- Baths:
- 8.00
- MLS#:
- 73312439
ADDITIONAL INFORMATION
Experience luxury and convenience in this newly constructed 2 family-townhouse in Melrose, perfectly located near the Purple and Orange Line stations, with shops and restaurants nearby. Great for investment and owner occupies in one unit and rents the other on. each unit combines the privacy of a single-family residence with the ease of townhouse living. It features an open-concept design with soaring ceilings, a luxurious kitchen, and integrated living spaces. The property includes four well-appointed bedrooms—one with an en-suite—plus a versatile family room and a spacious master suite on the third floor. Each bathroom boasts tasteful tiling and luxury vinyl plank flooring runs throughout. Advanced features include an HRV system, energy-efficient windows, spray foam insulation, and a metal roof. An EV charger and a customizable full basement add to its appeal. Ideal for those seeking style and convenience in a prime location.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 73306930
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration & 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 new structure(s)
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1875
- Baths:
- 3.00
- MLS#:
- 73306929
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration and 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 new structure(s).
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.19 Acres
- Year built:
- 1875
- Baths:
- 4.00
- MLS#:
- 73306927
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration & 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. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s).
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 73306923
ADDITIONAL INFORMATION
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)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.
Melrose Real Estate
The median home value in Melrose, MA is $745,000. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Melrose, MA is $745,000. Approximately 65.03% of Melrose homes are owned, compared to 32.69% rented, while 2.28% are vacant. Melrose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose real estate agent to arrange a tour today!
Melrose, Massachusetts has a population of 29,567. Melrose is more family-centric than the surrounding county with 40.72% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Melrose, Massachusetts is $125,229. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Melrose is 42.1 years.
Melrose Weather
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 48 inches per year, with 47.6 inches of snow per year.