$8,900,000
16
Beds
16
Baths
14,800
Living Area
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Property Description
Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1930
- Parking Spots: 9
- Property Type: 5-9 Family
- Total Rooms: 15
- Status: Active
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Additional Details
- Basement: Full, Finished, Interior Entry
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: Br
- Construction: Brick
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 16
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School
- Parking Features: Paved Drive, Off Street, On Street
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $3,311,900
- Taxes: $38,119
- Tax Year: 2025
- Total Rent: $8,582
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Listing information provided courtesy of Century 21 North East.
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