Waverly Place Apartments

46-48 Waverly Place, Melrose, MA 02176

  • For Sale $1,650,000
  • Property Type Multi-Family
  • Property Size 2,940 SF
  • Units 7
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 1900
  • Year Renovated 2020
  • Date Updated Dec 16, 2024
Waverly Place Apartments is conveniently located in Melrose, Massachusetts. Melrose is a charming city nestled just north of Boston. It offers a blend of small-town charm and urban convenience. This property is located directly next to the Wyoming Hill MBTA Commuter rail station, which makes it a 10-15-minute train ride into North Station. Boston Logan International Airport is located just 11.5 miles away as well as I95 which is only 2.6 miles away making traveling very accessible for tenants. The property is also close to restaurants and bars in downtown Melrose.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.
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Highlights

  • Off street parking
  • Transit Oriented
  • Below market rents
  • Value add opportunity

Contacts

broker
Brad Carlson

New England Realty Advisors

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Transit Score ®

    36/100 Some Transit

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Melrose, MA
  • Neighborhood Wyoming
  • Zip Code 02176
  • Market Boston

Points of Interest

  • Oak Grove

    0.96 miles

  • Chelsea

    3.98 miles

  • Ball Square

    4.14 miles

  • Sullivan Square

    4.66 miles

  • Davis

    4.66 miles

  • Wonderland

    4.74 miles

  • Revere Beach

    4.93 miles

  • Reading

    5.24 miles

  • Union Square

    5.30 miles

  • Beachmont

    5.40 miles

  • Mobil

    0.15 miles

  • ChargePoint

    0.49 miles

  • Melrose Shell

    0.95 miles

  • Vasco Petroleum

    0.97 miles

  • Citgo

    1.02 miles

  • Gulf

    1.29 miles

  • Phillips 66

    1.31 miles

  • Eastern Avenue Mobil

    1.76 miles

  • King Petroleum

    1.89 miles

  • eVgo

    2.28 miles

  • Hallmark Health Parking

    0.42 miles

  • Trinity Episcopal Church

    0.55 miles

  • Church Parking

    1.17 miles

  • Mountain Avenue Parking Garage

    1.52 miles

  • Gateway Parking

    1.64 miles

  • Pleasant Street Parking Lot

    1.66 miles

  • Malden Center Station Parking

    1.73 miles

  • Jackson Street Parking Garage

    1.77 miles

  • Sheepfold parking

    1.93 miles

  • Ravis Parking

    2.27 miles

  • Econo Lodge

    1.98 miles

  • New England Motor Court

    2.05 miles

  • Colonial Traveler Inn

    2.15 miles

  • Avalon Motel

    2.31 miles

  • Chisholm's Motor Inn

    2.36 miles

  • Red Roof Plus+ Boston - Logan

    2.57 miles

  • Holiday Inn Express

    2.60 miles

  • WoodSpring Suites Boston North

    2.67 miles

  • Hyatt Place

    3.00 miles

  • Comfort Inn

    3.04 miles

  • Brazilian Finest

    0.05 miles

  • Lisa's Family Pizzeria

    0.07 miles

  • Theo's Pizzeria Restaurant

    0.09 miles

  • Melrose Garden

    0.09 miles

  • Dunkin'

    0.11 miles

  • My Diner

    0.18 miles

  • Santa Fe Burrito Grill

    0.21 miles

  • Petrone's Pizza & More

    0.23 miles

  • Feng Shui

    0.24 miles

  • Giacomo's

    0.25 miles

  • Saint Mary of the Annunciation School

    0.14 miles

  • Lincoln Elementary School

    0.15 miles

  • Melrose Montessori School

    0.53 miles

  • Ripley School

    0.87 miles

  • Melrose Veterans Memorial Middle School & Melrose High School

    0.89 miles

  • Herbert Clark Hoover School

    0.95 miles

  • Winthrop School

    0.99 miles

  • Roosevelt Elementary School

    1.01 miles

  • Forestdale School

    1.07 miles

  • Franklin School Early Childhood Center

    1.10 miles

  • Chime Time Children's Center

    0.46 miles

  • Little Sprouts Melrose

    0.73 miles

  • Mi Pequeña Academia

    0.91 miles

  • The Melrose Family Room

    1.13 miles

  • Teachable Moments Childhood Program

    1.69 miles

  • My Little Best Friends

    1.75 miles

  • KinderCare

    2.06 miles

  • Little Giants Family Day Care

    2.59 miles

  • Children's Gathering

    3.31 miles

  • Elizabeth Peabody House

    4.27 miles

Frequently Asked Questions

How much does Waverly Place Apartments cost?

The space currently listed for sale at Waverly Place Apartments asks for $1,650,000.

What is the total square footage of Waverly Place Apartments?

Waverly Place Apartments totals 2,940 square feet.

When was this property built?

Waverly Place Apartments was built in 1900.

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Contact Listing Broker
broker
Brad Carlson

New England Realty Advisors