Contacts

Brad Carlson

New England Realty Advisors

Property Details

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

Getting around

89/100
Walk Score ®
36/100
Transit Score ®
42/100
Bike Score ®

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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

Shaw's

0.36 miles
Whole Foods Market

0.98 miles
Green Street Natural Food Store

1.10 miles
Variedades Karolina

1.67 miles
Baba Supermarket

1.67 miles
Safy Halal Market

1.73 miles
Super Stop & Shop

1.86 miles
Mineirão Market

1.90 miles
Super 88 香港超市

2.08 miles
Atlas Market

2.15 miles

In-Depth Research Available for this Property

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