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Melrose Multifamily Portfolio Opportunity

24 W Emerson Street Melrose, MA 02176

24 W Emerson Street, Melrose, MA, 02176
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Four adjacent parcels with 14 units in Melrose, MA.

Property Size3,725 SF
Lot Size0.71 Acres
Price / SF$1,288
AddedMay 14
Days on Market64
Last RefreshJul 14 at 11:20 am

Property Features for 24 W Emerson Street

General Information

Standard status
Active
Size
3,725 SF
Lot size
0.71 Acres
Property subtype
Multifamily

Listing office NorthEast Private Client Group Shelton

Listing date May 14, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NorthEast Private Client Group Shelton


Investment Insights

Based on property information with market context.

The W Emerson & Bradford Park Portfolio, located at 24 & 30-32 W Emerson Street and 1-3 5 & 2-4 Bradford Park in Melrose, MA, comprises four adjacent parcels totaling approximately 0.71 acres with 14 existing units. 24 W Emerson St is a 5-unit residential building totaling approximately 3,725 SF, situated on a lot of approximately 9,750 SF. 30-32 W Emerson St is a multifamily property consisting of approximately 3,416 SF on a lot of approximately 8,320 SF, currently configured as a 4-unit building. 2-4 Bradford Park is a 2-unit (duplex) building with an area of approximately 2,256 SF on a lot of approximately 3,676 SF, while 1-3 5 Bradford Park is a 3-unit (triplex) multifamily property with an area of approximately 3,296 SF on a lot of approximately 9,426 SF. The current zoning (UR-D / Urban Residential) supports multifamily density and allows for up to 21 units by right, with additional upside possible through redevelopment or expansion strategies, subject to approvals. Investors may explore expansion, redevelopment, or ADU-style enhancements. The properties benefit from ample on-site parking, including garage and off-street spaces.

Key Highlights

  • Portfolio of four adjacent parcels totaling ~0.71 acres with 14 existing units.
  • Zoning (UR‑D / Urban Residential) allows for up to 21 units by right.
  • Redevelopment or expansion strategies possible (subject to approvals).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Tech Support Center Computer & Electronic Repair Garden Center Daycare Center Locksmith Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Four adjacent parcels with 14 units in Melrose, MA.
Where is this multifamily property located?
The property is located at 24 W Emerson Street Melrose, MA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Portfolio of four adjacent parcels totaling ~0.71 acres with 14 existing units.; Zoning (UR‑D / Urban Residential) allows for up to 21 units by right.; Redevelopment or expansion strategies possible (subject to approvals).
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