Off Market
23-25 Division St, Chelsea, MA
Chelsea · MA 02150
- $1,315,000
- Price
- 7
- Beds
- 5
- Baths
- 4060
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
5 Units
Lot size:
2,033 Sq.Ft Lot
Price per square foot:
$324 / Sq.Ft
Parking:
No Parking
About this home
TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.
Neighborhood & Transit
23-25 Division St, Chelsea · MA 02150
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 943 days
- Listing Price:
- $1,315,000
- Price per Sq.Ft:
- $324
- Tax Assessment:
- $1,016,900 in 2023
- Taxes:
- $1,379 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 2
- Living Area
- 4,060 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4060
- Flooring
- Unknown
- Lead paint
- Certified Treated, Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 2,033 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
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
- The Residential Group
- Listing office
- William Raveis R.E. & Home Services
- MLS PIN #
- 73220764
- Disclosure
- Sale includes 23 Division Street/9-11 Williams Street (building w/1 residential + 1 commercial) and 25 Division Street (building w/3 residential). A total of 4 residential + 1 commercial. Data shown is for the combination of both buildings. Rents and Expenses are pro-forma as of 9/1/24.
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