238 Chelsea Street
$6,100,000
26
Beds
26
Baths
15,464
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$6,100,000
26
Beds
26
Baths
15,464
Living Area
-
Property Description
238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.
-
Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1970
- Parking Spots: 15
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 40
- Status: Active
-
Additional Details
- Basement: Full, Finished
- Flooring: Tile
- Lot Features: Other
- Roof: Rubber
- Total Number of Units: 26
- Year Built Source: Public Records
- Construction: Brick
- Foundation: Slab
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Dd
-
Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station
- Parking Features: Off Street, Driveway
-
Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $3,873,200
- Tax Year: 2026
- Total Rent: $5,735
- Rental Fee Includes: Unit 1(Heat, Hot Water)
- Taxes: $48,880
Similar Listings
Sold
23 Photos
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 Marcus & Millichap Real Estate Investment Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.