Sold
4 Warren Ave, Chelsea, MA
Chelsea · MA 02150
- $1,400,000
- Price
- 12
- Beds
- 6
- Baths
- 3712
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
6 Units
Lot size:
7,200 Sq.Ft Lot
Price per square foot:
$376 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Exceptional 6-unit investment opportunity in Chelsea?s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6?7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.
Neighborhood & Transit
Prattville
4 Warren Ave, Chelsea · MA 02150
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Chelsea Commuter Rail 1 route 0.50 mi
- Newburyport/Rockport Line
Price Insight
- Days on Market:
- 510 days
- Listing Price:
- $1,395,000
- Price per Sq.Ft:
- $376
- Tax Assessment:
- $1,292,800 in 2025
- Taxes:
- $1,240 / Monthly
Home Facts
Interior Features
- Bedrooms
- 12
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 3,712 Sq.Ft
- Broker Disclosure about Living Area
- buyer to confirm accuracy of sqft. Seller makes no representations or warranties.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3712
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 7,200 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Peter Giannikopoulos
- Listing office
- Coldwell Banker Realty - Boston
- MLS PIN #
- 73389751
- Disclosure
- 6 apartments = (2) basement lower, (2) first floor, (2) second floor. #6 unit is 1 bed/1 bath basement with $1,650 in rent. all TAW tenants no leases. Total rent is $11,400. Public Record lists 12 bedrooms. Current usage is 9 bedrooms.
- Disclosure
- buyer to confirm accuracy of sqft. Seller makes no representations or warranties.