Commercial for Sale: 30-32 W Emerson, Melrose, MA 02176

$1
$1
30-32 W Emerson, Melrose, MA 02176
$1
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Price:
$1

Type Commercial
Lot Size 0.19 acres
Year Built 1875

City Melrose
County Middlesex

MLS 73296096
Status Active
DOM 20 days
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. Opportunity for first floor commercial space. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s).

Lot & Building Features

Tax Year 2025
Taxes Paid $9,645

Price History of 30-32 W Emerson

Date Name Price Difference
09/28/2024 Listing Price $1 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 30-32 W Emerson, Melrose, MA

Location Map Street View
Photo of Ling He
Ling He
Realtor
Direct: 805-284-8988
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Saint James Real Estate Advisors, LLC, Lisa DonFrancesco
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1%
6.75%
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30-32 W Emerson (MLS #73296096) is a commercial listing located in Melrose, MA. This commercial listing is on a lot of 8,320 sqft (or 0.19 acres) and is 149 years old. This property was listed on 09/28/2024 and has been priced for sale at $1.

Nearby zip codes are 01880, 01906, 01976, 02148 and 02180. This property neighbors other cities such as Malden, Medford, Saugus, Stoneham and Wakefield.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Saint James Real Estate Advisors, LLC

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.