Seller's Agent in 2024
Michael McCarthy
North Shore Realty Advisors
(617) 758-8268
1 in this area
4 Total Sales
61 Addison St Chelsea, MA 02150
Addison-Orange Neighborhood
9
Beds
5
Baths
3,684
Sq Ft
3,049
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Shops
- Property is near public transit and schools
- Corner Lot
- 1-minute walk to Judie Dyer Park
About This Home
As of May 2024This 2-story brick & vinyl residential building boasts rentable square footage of 3,684± and a total gross square footage of 5,784± and presents a nice unit mix of two (2) one-bedrooms, two (2) two-bedrooms, one (1) three-bedroom. The property was fully renovated in 2014 and sprinkled, featuring high ceilings, large floor plans and sun filled apartments. Utilities are separately metered and the landlord pays for water/sewer. Two (2) apartments are heated by gas fired forced air and three (3) apartments are heated by electric baseboard. 61 Addison Street offers investors an opportunity to acquire a critical location within an urban dense area in one of the strongest transit-oriented Metro Boston neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,555
Year Built
- Built in 1900
Lot Details
- 2,870 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
Interior Spaces
- 3,684 Sq Ft Home
- Property has 1 Level
- Partial Basement
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Location
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $12,250
- Assessor Parcel Number M:056 P:120,1288524
Community Details
Overview
- 5 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Electric Expense $222
- Insurance Expense $4,859
- Water Sewer Expense $5,415
- Operating Expense $28,165
- Net Operating Income $105,252
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2024 05/21/24 | Sold | $1,300,000 | 0.0% | $353 / Sq Ft |
| 01/27/2024 01/27/24 | Pending | -- | -- | -- |
| 01/19/2024 01/19/24 | Price Changed | $1,300,000 | -6.8% | $353 / Sq Ft |
| 01/02/2024 01/02/24 | Price Changed | $1,395,000 | -3.8% | $379 / Sq Ft |
| 11/28/2023 11/28/23 | For Sale | $1,450,000 | -- | $394 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $140 | $1,217,800 | $200,500 | $1,017,300 |
| 2024 | $13,900 | $1,168,100 | $200,500 | $967,600 |
| 2023 | $12,555 | $1,014,100 | $182,200 | $831,900 |
| 2022 | $12,853 | $970,000 | $173,600 | $796,400 |
| 2021 | $11,415 | $838,100 | $165,300 | $672,800 |
| 2020 | $10,898 | $813,900 | $157,400 | $656,500 |
| 2019 | $9,964 | $699,200 | $157,400 | $541,800 |
| 2018 | $9,770 | $692,900 | $157,400 | $535,500 |
| 2017 | $9,483 | $661,300 | $157,400 | $503,900 |
| 2016 | $7,996 | $561,100 | $157,400 | $403,700 |
| 2015 | $3,264 | $226,700 | $136,900 | $89,800 |
| 2014 | $2,912 | $195,700 | $119,000 | $76,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michael McCarthy
-
Dan Pouladian
Seller Co-Listing Agent in 2024
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
1 in this area
28 Total Sales
-
Eugene Diaz
Buyer's Agent in 2024
Eugene Diaz
Coldwell Banker Realty - Lynnfield
(978) 918-0826
3 in this area
70 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73183222
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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