81 Chelsea St Everett, MA 02149
Downtown Everett NeighborhoodEstimated payment $16,263/month
Highlights
- Property is near public transit and schools
- Level Lot
- Vinyl Flooring
- Park
About This Home
81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,824
Year Built
- Built in 1925
Lot Details
- 5,000 Sq Ft Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Location
- Property is near public transit and schools
Additional Features
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number M:K0 B:01 L:000186,482113
Community Details
Overview
- 8 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Insurance Expense $7,061
- Operating Expense $13,217
- Net Operating Income $166,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $13,824 | $1,213,700 | $255,800 | $957,900 |
| 2024 | $9,381 | $818,600 | $233,900 | $584,700 |
| 2023 | $7,919 | $672,200 | $224,100 | $448,100 |
| 2022 | $6,406 | $618,300 | $204,600 | $413,700 |
| 2021 | $5,631 | $570,500 | $173,000 | $397,500 |
| 2020 | $5,920 | $556,400 | $173,000 | $383,400 |
| 2019 | $6,236 | $503,700 | $161,300 | $342,400 |
| 2018 | $6,094 | $442,200 | $140,300 | $301,900 |
| 2017 | $5,522 | $382,400 | $107,200 | $275,200 |
| 2016 | $5,091 | $352,300 | $106,500 | $245,800 |
| 2015 | $4,618 | $316,100 | $92,600 | $223,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $2,850,000 | +331.8% | $594 / Sq Ft | |
| 11/15/2021 11/15/21 | Sold | $660,000 | -9.5% | $270 / Sq Ft | View Prior Sale |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- | |
| 08/03/2021 08/03/21 | For Sale | $729,000 | -- | $298 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73505688
APN: EVER M:K00 B:001 L:000186-01
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