$1,450,000
$1,475,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
59-61 Division St Chelsea, MA 02150
12 Beds
5.5 Baths
4,500 SqFt
Key Details
Sold Price $1,450,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $322
MLS Listing ID 73213564
Sold Date 05/15/24
Bedrooms 12
Full Baths 5
Half Baths 1
Year Built 1920
Annual Tax Amount $12,489
Tax Year 2023
Lot Size 2,178 Sqft
Acres 0.05
Property Description
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!
Location
State MA
County Suffolk
Zoning BR
Direction Park St to Division St
Rooms
Basement Full
Interior
Interior Features Lead Certification Available, Living Room, Kitchen
Heating Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Wood
Appliance Range, Dishwasher, Microwave, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina
Utilities Available for Gas Range, for Gas Oven, for Electric Dryer
Waterfront false
Waterfront Description Beach Front,1 to 2 Mile To Beach
Roof Type Shingle
Garage No
Building
Lot Description Other
Story 10
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with TEAM BRUSIL • Keller Williams Realty Boston-Metro | Back Bay