Re/max Andrew Realty Services
Steven Mortell, Re/max Andrew Realty ServicesPhone: (617) 212-7140
Email: [email protected]
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listing
1 of 36
MultifamilyFor Sale
$1,650,000
46-48 Waverly Place
Melrose, MA 02176
Courtesy of New England Realty Advisors LLC - Bradford Carlson
MLS Property Information Network
7Beds
7Baths
2,940Sq Ft
Est. Mortgage
$8,617/mo

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.

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Information courtesy of New England Realty Advisors LLC is subject to verification and is not guaranteed.
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