$1,149,000
$50K PRICE DROP

Estimated payment $7,000/month

Total Views 2,855
11 Beds
3 Baths
3,580 Sq Ft
$321 Price per Sq Ft

About This Home

Great location – Large, fully occupied 3-unit multifamily in Chelsea. Two 4 bedroom, 1 bath units and one 3 bedroom, one bath units. All units have leases in place with separate systems and utilities for each. Each unit has a private rear porch. New rubber roof was installed this spring.Units are occupied and showing must be coordinated with tenants. We are seeking 24 hours notice to show the property.

Listing Agent

Jonathan Batchelder

Wallace Property Company Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,502

Year Built

  • Built in 1920

Lot Details

  • 2,185 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,580 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Net Operating Income $110,400

Listing and Financial Details

  • Assessor Parcel Number M:029 P:057,1287102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,502

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Levels: 3
  • Buyer Agency: 3
  • Buyer Agency Type: %
  • Year Built Details: Renovated Since
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Above Grade Finished Sq Ft: 3580
  • Living Area: 3580
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: NB1895
  • LIST PRICE PER Sq Ft: 320.95
  • PRICE PER Sq Ft: 320.95

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:029 P:057,1287102
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2185
  • Lot Size Units: Acres
  • PAGE: 301

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8502
  • Tax Book Number: 69837

Multi Family

  • Gross Income: 110400
  • Net Operating Income: 110400
  • Number Of Units Total: 3
  • Total Actual Rent: 9200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,502 $738,700 $141,900 $596,800
2024 $8,791 $738,700 $141,900 $596,800
2023 $8,436 $681,400 $129,000 $552,400
2022 $8,542 $644,700 $122,900 $521,800
2021 $8,235 $604,600 $117,000 $487,600
2020 $6,624 $494,700 $111,500 $383,200
2019 $6,393 $448,600 $111,500 $337,100
2018 $4,776 $338,700 $111,500 $227,200
2017 $4,606 $321,200 $111,500 $209,700
2016 $3,907 $274,200 $111,500 $162,700
2015 $3,385 $235,100 $96,900 $138,200
2014 $2,982 $200,400 $84,300 $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $1,149,000 0.0% $321 / Sq Ft
08/10/2025 08/10/25 For Sale $1,149,000 -4.2% $321 / Sq Ft
07/08/2025 07/08/25 Off Market $1,199,000 -- --
05/30/2025 05/30/25 For Sale $1,199,000 -- $335 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Foreclosure Deed $650,000 None Available
Foreclosure Deed $650,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $30,000 --
Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $15,000 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73382787

MLS Property Information Network (MLS PIN)

APN: CHEL-000029-000000-000057