$1,650,000

Estimated payment $10,032/month

Total Views 6,198
12 Beds
6 Baths
3,712 Sq Ft
$445 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Deck
  • Mud Room
  • 4-minute walk to Malone Park

About This Home

Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.

Listing Agent

Peter Giannikopoulos

Coldwell Banker Realty - Boston Listed on: 06/11/2025

Coldwell Banker Realty - Boston

Co-Listing Agent

Jonathan Hoyos

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,880

Year Built

  • Built in 1900

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,712 Sq Ft Home
  • Mud Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Deck
  • 7,200 Sq Ft Lot
  • Property is near public transit
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:072 P:047,1289783

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Net Operating Income $117,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,880

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Interior Amenities: Laundry Room, Mudroom
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Finished
  • Above Grade Finished Sq Ft: 3712
  • Living Area: 3712
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 444.5
  • PRICE PER Sq Ft: 444.5

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:072 P:047,1289783
  • Zoning: R-2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7200
  • Lot Size Units: Acres
  • PAGE: 0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 14880
  • Tax Book Number: 0

Multi Family

  • Gross Income: 11400
  • Net Operating Income: 117000
  • Number Of Units Total: 6
  • Total Actual Rent: 11400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

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

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $1,650,000 -- $445 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73389751

MLS Property Information Network (MLS PIN)