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Bradford Park @ W Emerson

4 Residential Properties in Melrose, MA

Investment Highlights

  • Four parcel portfolio featuring 4 Victorian homes, 14 units, with opportunity for 21+ units, private drive, 2 1-story garages views of Melrose Pond

Executive Summary

For Sale Redevelopment Opportunity with views of scenic Melrose Pond!
Saint James RE Advisors, LLC has been exclusively retained to sell an existing group of 4 adjoining parcels featuring 4 Victorian style homes, 14 units and 2 1-story garage structures with 7 bays and a private way. Zoning allows for 21 units, with opportunity for additional units. Approx. 0.75 acres combined land, located immediately outside and sharing a common boundary line with Melrose Historic District. The structures are each 2.5-3 stories and include 6 fireplaces.
The property portfolio includes 24 W Emerson, 30-32 W Emerson, 2-4 Bradford Park and 1-3-5 Bradford Park, circa 1875-1900. The 4 residential buildings each maintain a separate tax parcel and sit on either side of Bradford Park Street, an unrestricted private driveway within the (4) parcels. The lots are within 1000’ of a municipal parking lot, which opens the possibility for parking relief. A potential second vehicular entry onto property with purchase of an adjacent parcel. The portfolio is convenient to the Melrose Highlands purple-line MBTA station and multiple bus lines and Routes 93, 95 and Route 1.
The Bradford Park portfolio represents a rare opportunity to acquire an asset in one of the most desirable residential suburbs in the United States. Visit www.saintjamesrea.com/listings for Offering Memorandum, and to sign NDA for additional listing details. Also, visit You Tube 'Bradford Park @ W Emerson' for a virtual exterior tour of the site.

Property Facts

Sale Conditions
Portfolio Sale
  • Deferred Maintenance
  • Development Sale
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 12,693 SF
Total Land Area 0.75 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2-4 Bradford Park, Melrose, MA 02176 Residential 2,256 SF 1900 -
1-5 Bradford Park, Melrose, MA 02176 Residential 3,296 SF 1875 -
30-32 W Emerson St, Melrose, MA 02176 Residential 3,416 SF 1875 -
24 W Emerson St, Melrose, MA 02176 Residential 3,725 SF 1900 -
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  • Listing ID: 33332232

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: Bradford Park @ W Emerson, Melrose, MA

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