$8,700,000
$200K PRICE DROP

Estimated payment $50,995/month

Total Views 2,863
16 Beds
16 Baths
14,800 Sq Ft
$588 Price per Sq Ft

Highlights

  • Marina
  • 0.14 Acre Lot
  • Corner Lot
  • Medical Services
  • Property is near public transit and schools
  • Park

About This Home

Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$

Listing Agent

Diane Cambria

Century 21 North East Listed on: 05/11/2026

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,120

Year Built

  • Built in 1930

Lot Details

  • 6,004 Sq Ft Lot
  • Corner Lot

Home Design

  • 14,800 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 9 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • 9 Open Parking Spaces
  • Off-Street Parking

Additional Features

  • Property is near public transit and schools
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number M:029 P:036,1287078

Community Details

Overview

  • 16 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,120

Year Built

Built in 1930

Lot Details

6,004 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1930
  • Levels: 5
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 16
  • Basement YN: Yes
  • Full Bathrooms: 16
  • Total Bathrooms: 16
  • Basement: Full, Finished, Interior Entry
  • Above Grade Finished Sq Ft: 14800
  • Living Area: 14800
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN4339

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 9
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • SEWAGE DISTRICT: mwra
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:029 P:036,1287078
  • Zoning: BR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6004
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 38119.96

Multi Family

  • Number Of Units Total: 16
  • Total Actual Rent: 8582
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $0 $3,311,900 $250,300 $3,061,600
2024 $63,553 $2,675,900 $198,800 $2,477,100
2023 $59,729 $2,400,700 $198,800 $2,201,900
2022 $34,079 $1,325,000 $198,800 $1,126,200
2021 $31,558 $1,184,600 $189,300 $995,300
2020 $17,097 $629,500 $180,300 $449,200
2019 $16,202 $556,000 $180,300 $375,700
2018 $18,864 $634,300 $180,300 $454,000
2017 $21,687 $710,800 $180,300 $530,500
2016 $22,701 $703,900 $180,300 $523,600
2015 $22,448 $671,100 $180,300 $490,800
2014 $22,774 $631,900 $163,900 $468,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 Price Changed $8,700,000 -2.2% $588 / Sq Ft
05/11/2026 05/11/26 For Sale $8,900,000 -- $601 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $125,000 --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73516159

MLS Property Information Network (MLS PIN)

APN: CHEL-000029-000000-000036

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