Off Market
23 Division St, Chelsea, MA
Chelsea · MA 02150
- $650,000
- Price
- 2
- Beds
- 2
- Baths
- 1660
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
871 Sq.Ft Lot
Price per square foot:
$392 / Sq.Ft
Parking:
No Parking
About this home
23 Division Street is a two unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and one 2-Bedroom/1-Bathroom unit with 1,660 square feet of living area on a 0.02-acre corner parcel. The building?s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense. The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.
Neighborhood & Transit
23 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:
- 786 days
- Listing Price:
- $650,000
- Price per Sq.Ft:
- $392
- Tax Assessment:
- $654,000 in 2025
- Taxes:
- $1,146 / Monthly
Home Facts
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 1
- Half Bathrooms
- 2
- Living Area
- 1,660 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1660
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 871 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
- Dennis Kelleher
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73287386
- Disclosure
- Commercial monthly rent is based on 12/1/24 rent increase