Off Market

24 W Emerson St, Melrose, MA

Melrose · MA 02176

$1
Price
7
Beds
5
Baths
3725
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 9,750 Sq.Ft Lot
Price per square foot: $0 / Sq.Ft
Parking: 4 Garage Spaces · 5 Off Street Spaces

About this home

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)

Neighborhood & Transit

Melrose Highlands

24 W Emerson St, Melrose · MA 02176

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Melrose/Cedar Park Commuter Rail 1 route 0.28 mi
    • Haverhill Line

Price Insight

Days on Market:
736 days
Listing Price:
$1
Price per Sq.Ft:
$0
Tax Assessment:
$679,000 in 2025
Taxes:
$836 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,725 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3725
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
9,750 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
4 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Lisa DonFrancesco
Listing office
Saint James Real Estate Advisors, LLC
MLS PIN #
73306923