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11 Waverly Place
Melrose, MA. 02176

Middlesex County
Area: Wyoming
Directions: Main To Derby To Waverly, One Way

MLS # 72088916 - Sold
Multi-Family 2 Family - 2 Units Up/Down   White

List Price $469,000 Days on Market  
List Date   # Units 2
Sale Price $510,000 # Floors  
Sold Date 12/19/16 Rooms 7
Assessed Value $385,500 Bedrooms 3
Gross Living Area 1,687SF Full Baths 2
Lot Size 6,892SF Half Baths 0
Taxes $4,753.22 Fireplaces  
Tax Year 2016 Basement Yes
Zoning URB Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1880 Parking Spaces 4
    Garage Spaces 0


Incredible investment opportunity. This well maintained two family sits on a large lot with plenty of parking. Prime downtown location, with easy access to shops/restaurants and your morning Starbucks, as well as both the Purple and Orange line. The property has been de-leaded with certificate in hand. Ideal investment property or suit for buyers who want to roll up their sleeves. Property needs to be refreshed, but some updates have been done to the property, including upgraded electrical, a second floor, addition as well as a new furnace for unit #2. Units are currently rented below market rate, but there are no long terms leases in place. Showings begin at first open house Thursday 10:30-12:00.

Amenities   Public
   Shopping, Park, Golf
   Course, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Public School,
Basement   Unfinished
Construction   Frame
Electricity   Circuit
Exterior   Vinyl
Exterior Feat.   Porch
Flooring   Wood, Wall to
   Wall Carpet, Laminate
Foundation   Fieldstone
Hot Water   Natural Gas
Lead Paint   Certified
Lot   Paved Drive
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.
Roof   Asphalt/Fiberglass
Sewer / Water   City/Town
   Sewer, City/Town Water
Warranty   No
Unit 1 Bedrooms: 2; Cooling: None; Floor: 1; Full Baths: 1; Heating: Forced Air, Gas; Lease: Yes; Levels:
     1; Rent: 1425; Rooms: 4; Rooms Desc.: Living Room, Kitchen
Unit 2 Bedrooms: 1; Cooling: None; Floor: 2; Full Baths: 1; Heating: Forced Air, Gas; Lease: Yes; Levels:
     1; Rent: 1150; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Financial Info
Gross Oper. Income   $30,900 Net Oper. Income   $30,900
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
Deed   Book: 27882, Page:
Disclosures   See attached
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
Off Market Date   11/17/16
Schools   Grade School:
   Apply, Middle School:
   MVMMS, High School: MHS
Seller Disclosure Doc  
Short Sale   No
Year Built Desc.  
Year Built Source   Public

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Property Last Updated by Listing Office: 12/19/16 1:55pm

Courtesy: MLSPIN

Listing Office: RE/MAX Leading Edge Listing Agent: The Alison Socha Team

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