$900,000
SOLD SEP 6, 2024
6 Beds
3 Baths
2,631 Sq Ft
1,755 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

10 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Living Room
  • Deck
  • Jogging Path
  • Park

About This Home

As of September 2024

Don't miss out on this fantastic investment opportunity to own a fully tenanted triple decker in a convenient location. All tenants are at-will, the seller is able to deliver any of the units vacant. Has great rental history, and each unit comes with a lead compliance certificate for peace of mind. Also includes all new water heaters and a new boiler for the first unit. Close proximity to the Center of Chelsea, and the commuter rail. Just a short walk to the Box District Silver Line station, the park and trail for outdoor recreation, this property is sure to attract tenants easily. Don't miss out, schedule a showing today to see all that this property has to offer!

Last Agent to Sell the Property

Joel Doutre

Better Living Real Estate, LLC Listed on: 05/16/2024

Last Buyer's Agent

Rogelio Zuniga

United Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1920

Lot Details

  • 1,755 Sq Ft Lot
  • Near Conservation Area
  • Steep Slope

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,631 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $6,350
  • Assessor Parcel Number 1287496

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,055

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial, Unfinished
  • Living Area: 2631
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1958
  • LIST PRICE PER Sq Ft: 342.07
  • PRICE PER Sq Ft: 342.08
  • MAIN SO: BB9067

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1287496
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped, Steep Slope
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1755
  • Lot Size Units: Acres
  • PAGE: 67
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9055
  • Tax Book Number: 60639

Multi Family

  • Gross Income: 76200
  • Net Operating Income: 76200
  • Number Of Units Total: 3
  • Total Actual Rent: 6350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 9, 2019
Sold by
Chamass Llc
Bought by
Pinney Calvin L
Seller's Agent
Diego Zapata
Tremont Realty Group, LLC
Buyer's Agent
Joel Doutre
Better Living Real Estate, LLC
List Price
$699,000
Sold Price
$690,500
Premium/Discount to List
-$8,500
-1.22%
Current Estimated Value
$918,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,311
Avg. Annual Appreciation
4.43%
Original Mortgage
$703,660
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2017
Sold by
Pamass Llc
Bought by
Chamass Llc

Purchase Details

Closed on
Jun 21, 2001
Sold by
Desai Sheeroy
Bought by
Sunshine Gabriel

Purchase Details

Closed on
Apr 16, 1999
Sold by
Jimenez Luis
Bought by
Saldana Ruth E

Purchase Details

Closed on
Mar 1, 1996
Sold by
Ezeugoh-Samuels Frank
Bought by
Jimenez Luis

Purchase Details

Closed on
Apr 2, 1993
Sold by
First Eastern Mtg Co
Bought by
Ezeugoh-Samuel Frank C

Purchase Details

Closed on
Mar 20, 1990
Sold by
Martin Michael
Bought by
Murphy Thomas A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $690,500 None Available
Deed $292,500 --
Deed $292,500 --
Deed $292,500 --
Deed $3,062,500 --
Deed $3,062,500 --
Deed $142,000 --
Deed $142,000 --
Deed $87,500 --
Deed $87,500 --
Deed $90,000 --
Deed $90,000 --
Deed $192,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $869,962 FHA
Closed $869,962 FHA
Closed $703,660 Purchase Money Mortgage
Previous Owner $208,000 No Value Available
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $900,000 0.0% $342 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $899,999 +30.3% $342 / Sq Ft
01/15/2019 01/15/19 Sold $690,500 -1.2% $262 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $699,000 +55.3% $266 / Sq Ft
06/27/2016 06/27/16 Sold $450,000 -0.7% $179 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $453,300 -4.3% $180 / Sq Ft
10/03/2015 10/03/15 For Sale $473,700 -- $188 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,758 $760,900 $144,400 $616,500
2024 $9,055 $760,900 $144,400 $616,500
2023 $8,692 $702,100 $131,300 $570,800
2022 $8,843 $667,400 $125,000 $542,400
2021 $8,529 $626,200 $119,100 $507,100
2020 $5,922 $442,300 $113,400 $328,900
2019 $6,338 $444,800 $113,400 $331,400
2018 $5,712 $405,100 $113,400 $291,700
2017 $5,000 $348,700 $113,400 $235,300
2016 $4,192 $294,200 $113,400 $180,800
2015 $3,557 $247,000 $98,600 $148,400
2014 $3,100 $208,300 $85,700 $122,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73239318

MLS Property Information Network (MLS PIN)

APN: CHEL-000031-000000-000086