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Listed By
Agency Name: Thread Real Estate, LLC
Agent Name: Neal Ryan
Agency Phone: 781-728-9689
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Melrose Redevelopment Potential! Close to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 Density Incentives Allowed in BA-1 and BA-2 Districts. Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes...read more
Estimated Payment
$ 4,320.92 per month $3,336.12 Principal & Interest $547.58 Property Tax $437.21 Homeowner's InsuranceListed By
Agency Name: Thread Real Estate, LLC
Agent Name: Neal Ryan
Agency Phone: 781-728-9689
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
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71-73 Grove St, Melrose, MA 02176.
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71-73 Grove St, Melrose, MA 02176.
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