$ 1
30-32 W Emerson Melrose, MA 02176
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Active
30-32 W Emerson Melrose, MA 02176
4 Beds
4 Baths
3,416 SqFt
UPDATED:
11/01/2024 07:06 AM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,416 sqft
Price per Sqft $0
MLS Listing ID 73306927
Bedrooms 4
Full Baths 4
Year Built 1875
Annual Tax Amount $9,645
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Description
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).
Location
State MA
County Middlesex
Area Melrose Highlands
Zoning UR-D
Direction Follow I-93 N to MA-28 N/Fellsway W in Medford. Take exit 24 from I-93 N
Rooms
Basement Full
Interior
Fireplaces Number 1
Exterior
Waterfront false
View Y/N Yes
View Scenic View(s)
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Saint James Real Estate Advisors, LLC