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225 Chestnut Street

Chelsea, MA 02150
$920,000
8 Beds
3 Baths
3,528 Living Area
  • 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!
  • Highlights
    • Property Class: Residential Income
    • Total Rooms: 14
    • Status: Closed
    • Property Type: 3 Family
    • Year Built: 1920
  • Additional Details
    • Basement: Full
    • Foundation: Stone
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Brick
    • Lot Features: Other
    • Roof: Rubber
    • Year Built Details: Approximate
    • Zoning: R3
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Sidewalks
    • Parking Features: On Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,111,200
    • Compensation Based On: Net Sale Price
    • Taxes: $13,757
    • Buyer Agent Compensation: 2%
    • Tax Year: 2023
    • Total Rent: $6,950

Location

225 Chestnut Street, Chelsea, MA 02150

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Perlera Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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