Melrose, MA 02176,1-3-5 Bradford Park
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1-3-5 Bradford Park Melrose, MA 02176

6 Beds

3 Baths

3,296 SqFt


UPDATED:

11/01/2024 07:06 AM

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,296 sqft

Price per Sqft $0

MLS Listing ID 73306929

Bedrooms 6

Full Baths 3

Year Built 1875

Annual Tax Amount $6,850

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Description

Building portfolio of properties for Sale. Rare opportunity Restoration and 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 new structure(s).

Location

State MA

County Middlesex

Area Melrose Highlands

Zoning UR-D

Direction Follow I-93 N to MA-28 N/Fellsway W in Medford. Take exit 24 from I-93 N

Rooms

Basement Full

Exterior

Garage Spaces 3.0

Waterfront false

Total Parking Spaces 3

Garage Yes

Building

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Saint James Real Estate Advisors, LLC

MA Properties

Agent | License ID: TM305053

+1(844) 962-7767

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1-3-5 Bradford Park