Active
24 W Emerson
Melrose MA, 02176
$1
$0.00 per sqft
Active
7 Beds
5 Baths
3,725 sqft
Multi-family
Built in 1900
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 multifamily building (s)
73306923
MLSⓇ ID
October 28, 2024
Listed
November 1, 2024
Updated
Map
24 W Emerson
Melrose MA, 02176
Interior Features
Total Stories
7
Bedrooms
7
Total Bathrooms
5
Full Bathrooms
5
Fireplace
Yes
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.22 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Melrose Highlands
Taxes
$10,033
Tax Frequency
Annually
Days on Market
34
Garage
Yes
Garage Spaces
4
Parking
Paved Drive
Parking Total
5
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
UR-D
Courtesy of Lisa DonFrancesco, Saint James Real Estate Advisors, LLC
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Data last updated 8:29 AM UTC, 11/1/2024
