23-25 Division Street Chelsea, MA ^$ 1,350,000

23-25 Division Street

^$ 1,350,000

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23-25 Division Street

Chelsea, MA, 02150

^$ 1,350,000

Bedrooms7 Baths4.2 Sq 4,060

Monthly Estimate*

^$ 9,430

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Multi-Family Home for sale in Chelsea, MA

for $1,350,000 with 7 bedrooms and 4 full baths, 2 half baths. This 4,060 square foot home was built in 1900 on a lot size of 0.05.

TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 16,545

Style

5-9 Family

Lot Size

0.05

Year Built

1900

Town/City

Chelsea

County/Region

Suffolk

MLS | Web ID

73220764

List By

The Residential Group

Listing Agent

William Raveis R.E. & Home Services

Broker

Affordability Calculator

$10,809

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: $1,379
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Chelsea, MA

Average List Price ^$1,226,488

Percent of Sale Price 9%

About Chelsea, MA

39,616 Population

13% Since 2002

^$53,071 Median Income

36.07 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,350,000	-3.23%	Price Down
4/5/2024	$1,395,000		Listed Price

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23-25 Division Street, Chelsea, MA, 02150 is a Multi-Family Home for sale at $1,350,000 with 4,060 sqft and a lot size of 0.05. 23-25 Division Street has 7 bedrooms, 4.2 baths, and was built in 1900. The property's zip code is 02150 which is in Chelsea, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/10/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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23-25 Division Street

Multi-Family Home for sale in Chelsea, MA

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