This Property is No Longer Available
2-4 Bradford Park, Melrose, MA 02176
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$1
2 Unit
4 Beds
2 Baths
2256 SQFT
0.22 Acre

Property Description

Building portfolio of properties for Sale. Rare opportunity Restoration & 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)

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Fireplaces: 2

Financial

  • APOD Available: Yes
  • Gross Operating Income: 12000
  • Net Operating Income: 12000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73306930
  • Last Updated: 12/15/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/15/2024Temporarily Withdrawn$1MLSPIN
12/15/2024Temporarily Withdrawn$1$0MLSPIN
11/01/2024Active$1$0MLSPIN
10/28/2024New$1$0MLSPIN
10/02/2024Active$1MLSPIN
09/28/2024New$1MLSPIN

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Seller's Representative: Lisa DonFrancesco, Saint James Real Estate Advisors, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-15 09:56:00

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