Sold
218-230 Broadway, Chelsea, MA
Chelsea · MA 02150
- $6,625,000
- Price
- 18
- Beds
- 22
- Baths
- 9999
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
22 Units
Lot size:
0.28 Acre Lot
Price per square foot:
$690 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
218-230 Broadway is a mixed use investment property consisting of a three story building containing a total of 22 units, including 4 retail units (all of which are leased) and 18 residential apartments made of 12 one bedroom/one bathroom units and 6 two bedroom/one bathroom units. The property is well located along Broadway, the area's primary commercial corridor in the heart of downtown Chelsea, a high density, urban infill city, just north of downtown Boston. All of the residential units were renovated in 2011. Several of the residential units offer upside bringing rents to market rates. Additionally, two of the retail units (218&224) offer upside by increasing below market rents to market rents upon lease renewal. Each retail unit is seperatley metered for electric, gas (heat/hot water) and water and sewer. The residential units are seperately metered for electricity, which tenants pay directly. The landlord pays for heat, hot water and water and sewer.
Neighborhood & Transit
218-230 Broadway, Chelsea · MA 02150
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Chelsea Commuter Rail 1 route 0.43 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 1425 days
- Listing Price:
- $6,900,000
- Price per Sq.Ft:
- $690
- Tax Assessment:
- $3,944,100 in 2022
- Taxes:
- $4,355 / Monthly
Home Facts
Interior Features
- Bedrooms
- 18
- Full Bathrooms
- 22
- Half Bathrooms
- 0
- Living Area
- 9,999 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 12,377 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- John Pentore
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73023839