$949,900
6
Beds
3
Baths
3,054
Living Area
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Property Description
Fantastic opportunity to own a fully occupied 3-unit multifamily in a prime Chelsea location. Situated on a generous 5,000 sq ft lot, 837 Broadway features three spacious 2-bedroom, 1-bath units with on-site parking included. All units are currently leased, generating solid rental income with significant upside potential as rents are below market. Separately metered utilities and a strong rental history add to the investment appeal. Located in a high-demand area with easy access to public transportation, major highways, shopping, and dining. Chelsea is a rapidly growing market, and this property is a great opportunity to invest in long-term value.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 15
- Status: Active
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Additional Details
- Basement: Unfinished
- Foundation: Stone, Brick/Mortar
- Roof: Shingle, Rubber
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Laundromat, Highway Access, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $808,400
- Taxes: $9,305
- Tax Year: 2025
- Total Rent: $6,000
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Listing information provided courtesy of Byrnes Real Estate Group LLC.
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