Sold
416 Crescent Ave, Chelsea, MA
Chelsea · MA 02150
- $550,000
- Price
- 2
- Beds
- 2
- Baths
- 1771
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
2 Units
Lot size:
1,411 Sq.Ft Lot
Price per square foot:
$325 / Sq.Ft
Parking:
No Parking
About this home
Investors take notice. Numbers work on this one. Mixed-use 2-fam. Property has been gone through and rents and zoning have been stabilized, open permits closed, all liens paid and all bills now current. Ready for new owner. Commercial space downstairs is successful, large take-out restaurant/convenience store. Current rent is $2100 with a long term lease that goes up to $2800. Central AC and lots of storage in basement. Upstairs rental is leased for $2600. Rental unit is a fully gutted 2-bed, gorgeous new kitchen with stainless appliances and granite counters, new bath, flooring, windows, sheetrock, heating, recessed lights, paint. Laundry for upstairs unit included. Both tenants pay all of their own utilities. Current gross rent is $56,400/yr and scheduled to increase to $64,800/yr+ The numbers make sense on this one, fully turn-key and the best deal in town.
Neighborhood & Transit
416 Crescent Ave, 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:
- 1212 days
- Listing Price:
- $574,900
- Price per Sq.Ft:
- $325
- Tax Assessment:
- $415,800 in 2023
- Taxes:
- $715 / Monthly
Home Facts
Interior Features
- Bedrooms
- 2
- Full Bathrooms
- 2
- Half Bathrooms
- 0
- Living Area
- 1,771 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 1771
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1,411 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- David Gradus
- Listing office
- Boston Realty Consultants, Inc
- MLS PIN #
- 73134695
- Disclosure
- Agent has ownership interest.