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 structure(s).
This listing has been viewed 39 times in the past 86 days
Last Updated: December 16th, 2024 at 5:19am
General Information for 30-32 W Emerson, Melrose, Massachusetts 02176
Property TypeCommercial Sale
Property Sub TypeMulti Family
Price$1
Price per sqft$0
MLS #73296096
Handicap Access / FeaturesNo
List Date2024-09-28
Special Listing Conditions
StateMassachusetts
Street NameW Emerson
CityMelrose
Zip Code02176
CountyMiddlesex
MLS Status
Covered Parking Spaces
Heating Y/NNo
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area Source
Building Area Total
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces
Listing Service
UnparsedAddress30-32 W Emerson, Melrose MA 02176
Zoning
Interior Features for 30-32 W Emerson, Melrose, Massachusetts 02176
* Approx. Living Area Total0 sq ft
Living Area Includes Basement
Bedrooms0
* # Fireplaces0
Bathrooms (Total)0
Full Baths
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes Basement
Door Features
ElectricNo
Electric$0
MLS Area (Major)Melrose Highlands
MLSPIN_BEDRMS_1
MLSPIN_BEDRMS_2
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_1
MLSPIN_F_BTHS_2
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_1
MLSPIN_H_BTHS_2
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate15/12/2024
Exterior Features for 30-32 W Emerson, Melrose, Massachusetts 02176
* Approximate Lot Size0.19 acres
Covered Parking Spaces
Lot Features
* Parking Spaces4
* Sewer Utilities
* Water Utilities
* Year Built1875
Year Built Details
Year Built Source
Construction Materials
Exterior Features
Foundation Area
Foundation Materials
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,320 Sqft
Disclosures for 30-32 W Emerson, Melrose, Massachusetts 02176
Buyer Agent Compensation
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Living Area Disclosure
Living Area Includes Basement
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 30-32 W Emerson, Melrose, Massachusetts 02176
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$0
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_1
MLSPIN_LEVELS_2
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT1
MLSPIN_RENT2
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$1
RENT_FEE_INCLUDES
TOTAL_RENT
WaterSewerExpense$0
Lifestyle Information for 30-32 W Emerson, Melrose, Massachusetts 02176
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 30-32 W Emerson, Melrose, Massachusetts 02176
Elementary School
Middle School
High School
NumberOfUnitsTotal
Marketing History for 30-32 W Emerson, Melrose, Massachusetts 02176
MLSPIN_MARKET_TIME_BROKER
MLSPIN_MARKET_TIME_PROPERTY
PurchaseContractDate
Agent Information for 30-32 W Emerson, Melrose, Massachusetts 02176