Off Market

9-11 & 25 Williams St, Chelsea, MA

Chelsea · MA 02150

$1,350,000
Price
8
Beds
5
Baths
3435
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 2,178 Sq.Ft Lot
Price per square foot: $393 / Sq.Ft
Parking: No Parking

About this home

9-11 Williams Street & 25 Division Street is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. 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 (from 9-11 Williams and 23 Division only). 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

9-11 & 25 Williams 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:
748 days
Listing Price:
$1,350,000
Price per Sq.Ft:
$393
Tax Assessment:
$1,155,900 in 2024
Taxes:
$1,666 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
2
Living Area
3,435 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3435
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
2,178 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 #
73303605