For Sale

238 Chelsea St, Everett, MA

Everett · MA 02149

$6,100,000
Price
26
Beds
26
Baths
15464
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1970
Units: 26 Units
Lot size: 0.34 Acre Lot
Price per square foot: $394 / Sq.Ft
Parking: 15 Off Street Spaces

About this home

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

Neighborhood & Transit

238 Chelsea St, Everett · MA 02149

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Chelsea Commuter Rail 1 route 0.38 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
15 days
Listing Price:
$6,100,000
Price per Sq.Ft:
$394
Tax Assessment:
$3,873,200 in 2026
Taxes:
$4,073 / Monthly

Home Facts

Interior Features

Bedrooms
26
Full Bathrooms
26
Half Bathrooms
0
Living Area
15,464 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
10824
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, Individually Metered

Exterior Features

Lot Size
14,810 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
15 Parking Spaces

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
Tony Pepdjonovic
Listing office
Marcus & Millichap Real Estate Investment Services
MLS PIN #
73592372
Disclosure
3 apartments were damaged in a small 2025 fire. They have been remediated and will be delivered gutted to the studs and ready for renovation.