$985,000
11
Beds
3
Baths
3,924
Living Area
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Property Description
Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.
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Highlights
- Levels: 3
- Property Type: 3 Family
- Total Rooms: 17
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 1920
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Additional Details
- Basement: Full
- Foundation: Concrete Perimeter, Stone, Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
- Construction: Frame
- Lot Features: Other
- Roof: Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Laundromat, Highway Access, Public School
- Parking Features: On Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $972,600
- Taxes: $11,165
- Tax Year: 2026
- Total Rent: $6,400
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