$920,000
$1,050,000
12.4%For more information regarding the value of a property, please contact us for a free consultation.
225 Chestnut Street Chelsea, MA 02150
8 Beds
3 Baths
3,528 SqFt
Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,528 sqft
Price per Sqft $260
MLS Listing ID 73130074
Sold Date 12/07/23
Bedrooms 8
Full Baths 3
Year Built 1920
Annual Tax Amount $13,757
Tax Year 2023
Lot Size 1,306 Sqft
Acres 0.03
Property Description
Investment/Development Package Deal! This offering includes a fully rented and stabilized three family along with a separately deeded and assessed vacant parcel of land. This brick building is located close to Broadway restaurants, shopping, and public transportation. Easy access to downtown Boston or points north via Tobin Bridge makes this a perfect commuter location for prospective tenants. There is also a public parking lot located directly across the street from the building. The first floor is a 2 bedroom while second and third floors are three bedrooms. All units are ample size and have updated kitchens and bathrooms. Separate utilities for units as well. The 2,250 SF vacant parcel of land is located behind the property at 192 Cherry Street which is a public street. Bring your ideas to this currently underutilized piece of land!
Location
State MA
County Suffolk
Zoning R3
Direction Washington to Chestnut
Rooms
Basement Full
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Sidewalks
Waterfront false
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Saul Perlera • Perlera Real Estate