$765,000
$15K PRICE DROP

Estimated payment $4,753/month

Total Views 5,168
5 Beds
2 Baths
2,400 Sq Ft
$319 Price per Sq Ft

Highlights

  • Property is near public transit
  • Window Unit Cooling System
  • Park
  • Wood Flooring
  • Living Room
  • Shops

About This Home

Fantastic Opportunity – Legal 2-Family in Chelsea! Perfect for both new buyers and seasoned investors! This well-maintained building includes a 3-bedroom unit and one 2-bedroom unit, . Unit 1 is vacant and has been freshly painted and ready for immediate use, while the remaining unit is currently tenant-occupied, providing built-in income. Unfinished spacious basement with all separate utilities. Rear enclosed yard space available. Renovate, rent, or move right in—the possibilities are endless. Walk to local shops, parks, and restaurants while benefiting from strong rental demand and continued area development. Located in one of Chelsea’s most commuter-friendly neighborhoods, and a short walk to the Chelsea Commuter Rail Station. With quick access to major highways, downtown Boston, local shops, restaurants, schools, and parks, this property is a true commuter’s dream.

Listing Agent

Evelyn Dongo

Coldwell Banker First Quality Realty Listed on: 07/15/2025

Coldwell Banker First Quality Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,120

Year Built

  • Built in 1900

Lot Details

  • 2,500 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 1288877

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $73,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,120

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Levels: 2
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Interior Amenities: Kitchen, Living Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry
  • Above Grade Finished Sq Ft: 2400
  • Living Area: 2400
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: BB5859
  • LIST PRICE PER Sq Ft: 318.75
  • PRICE PER Sq Ft: 318.75

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 1288877
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • PAGE: 3

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7120
  • Tax Book Number: 3

Multi Family

  • Gross Income: 73200
  • Net Operating Income: 73200
  • Number Of Units Total: 2
  • Total Actual Rent: 2600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • 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 $7,120 $618,600 $180,900 $437,700
2024 $6,157 $517,400 $180,900 $336,500
2023 $5,972 $482,400 $164,400 $318,000
2022 $5,993 $452,300 $156,600 $295,700
2021 $5,806 $426,300 $149,100 $277,200
2020 $5,455 $407,400 $142,000 $265,400
2019 $5,405 $379,300 $142,000 $237,300
2018 $4,667 $331,000 $129,100 $201,900
2017 $4,418 $308,100 $129,100 $179,000
2016 $4,124 $289,400 $129,100 $160,300
2015 $3,433 $238,400 $112,300 $126,100
2014 $2,954 $198,500 $97,600 $100,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $765,000 -0.6% $319 / Sq Ft
07/31/2025 07/31/25 Price Changed $769,900 0.0% $321 / Sq Ft
07/31/2025 07/31/25 For Sale $769,900 -1.3% $321 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $779,900 +12.2% $325 / Sq Ft
07/17/2023 07/17/23 Sold $695,000 +7.1% $362 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $649,000 +45.8% $338 / Sq Ft
12/16/2016 12/16/16 Sold $445,000 -2.2% $232 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $454,999 +106.8% $237 / Sq Ft
04/11/2014 04/11/14 Sold $220,000 -6.4% $114 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
06/07/2013 06/07/13 For Sale $235,000 -- $122 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $165,000 --
Deed $165,000 --
Deed $165,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 Purchase Money Mortgage
Closed $521,250 Purchase Money Mortgage
Closed $424,000 New Conventional
Previous Owner $436,939 FHA
Previous Owner $277,079 FHA
Previous Owner $278,044 FHA
Previous Owner $144,586 FHA
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73404964

MLS Property Information Network (MLS PIN)

APN: CHEL-000058-000000-000116