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59-61 Division St, Chelsea, MA

Chelsea · MA 02150

$1,450,000
Price
12
Beds
5.5
Baths
4500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 5 Units
Lot size: 2,200 Sq.Ft Lot
Price per square foot: $328 / Sq.Ft
Parking: No Parking

About this home

Discover an exceptional investment in Chelsea's vibrant lower Broadway area ? a rare 5-family opportunity! Each unit boasts lead compliance for easy renting, and is currently occupied by reliable, rent-paying tenants. Enjoy positive cash flow with potential for even greater returns. Bonus income from coin-operated laundry. Many units have undergone renovations, featuring fresh paint, tiled bathrooms, new stainless steel appliances, stunning hardwood floors, and granite countertops in kitchens. Offering a mix of two, three, four, and one-bedroom units, all with separate utilities. Updated forced air gas heating installed in 2012 ensures efficient operation. This property promises both immediate income and long-term value. Don't miss out ? seize this lucrative investment today!

Neighborhood & Transit

59-61 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:
961 days
Listing Price:
$1,475,000
Price per Sq.Ft:
$328
Tax Assessment:
$1,008,800 in 2023
Taxes:
$1,041 / Monthly

Home Facts

Interior Features

Bedrooms
12
Full Bathrooms
5
Half Bathrooms
1
Living Area
4,500 Sq.Ft
Broker Disclosure about Living Area
approximated, buyer to verify.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4500
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts

Exterior Features

Lot Size
2,200 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Shingles
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
BLINK Estates Group
Listing office
eXp Realty LLC
MLS PIN #
73213564
Disclosure
Lead compliance for all units. Tenants pay on time, with rent proof available. Leases provided. Some rents below market value. Refer to attached documents under paperclip. Some of the pictures were virtually staged before tenancy.
Disclosure
approximated, buyer to verify.