Search Results
46-48 Waverly Place
- Off street parking
- Transit Oriented
- Below market rents
- Value add opportunity
Property Description
Brad Carlson of New England Realty Advisors LLC is pleased to present the Waverly Place Apartments for sale in Melrose, Massachusetts. 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.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,650,000 |
| No. of Units: | 7 |
| Year Built: | 1900 |
| Lot Size: | 0.15 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $235,714 |
| Property Website | Click Here |
Similar Properties in the Area
124 Washington Street
Keene, New Hampshire
Brokers
View All-
Chase Lord
SVN OAK Realty Advisors | Oklahoma
Lenders
View All-
Felix Gutnikov
California
-
Gary Bechtel
North Carolina
Management
View All-
Essex Property Trust, Inc.
California
-
Asset Living
Texas
