238 Chelsea St Everett, MA 02149
Glendale NeighborhoodEstimated payment $41,684/month
Highlights
- 0.34 Acre Lot
- Gentle Sloping Lot
- 1-minute walk to Florence Street Park & Jacob Scharf Playground
About This Home
Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14,810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475, a difference of $637 per unit per month.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,114
Year Built
- Built in 1970
Lot Details
- 14,810 Sq Ft Lot
- Gentle Sloping Lot
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 15,372 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 26 Bedrooms
- 26 Full Bathrooms
Parking
- 18 Open Parking Spaces
- 18 Car Parking Spaces
Community Details
- 26 Units
- Net Operating Income $44,880
Listing and Financial Details
- Assessor Parcel Number 483854
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | Price Changed | $7,250,000 | -9.4% | $472 / Sq Ft |
| 02/24/2026 02/24/26 | For Sale | $8,000,000 | -- | $520 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73479682
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Ask me questions while you tour the home.