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Maverick Portfolio

Chelsea, MA 02150
$11,000,000
63 Beds
44 Baths
28,836 Living Area
  • Property Description
    The Maverick Portfolio is comprised of four multi-family properties located at 125-129 Arlington St (MLS #73357408), 36-40 Orange St (MLS #73357407) & 93-95 Orange St (MLS #73357406), & 827-835 Broadway (MLS #73357406). The Portfolio contains forty-four residential units comprised of five 3-Bedroom/1-Bathroom units, nine 2-Bedroom/1-Bathroom units, twenty-four 1-Bedroom/1-Bathroom units, and six Studio units. Each of the Properties has an on-site laundry facility, and 827-835 Broadway offers four on-site parking spaces. The Maverick Portfolio offers the opportunity to acquire four investment properties in a highly desirable urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are well below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
    • Parking Spots: 4
    • Property Type: 5+ Family - 5+ Units Side by Side
    • Total Rooms: 99
    • Status: Active
    • Foundation: Other
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: Bh, R2, R3
    • Lot Features: Other
    • Roof: Shingle, Rubber
    • Total Number of Units: 44
    • Year Built Source: Public Records
    • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
    • Parking Features: Off Street
    • Electric: Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
    • Assessed Value: $7,349,800
    • Compensation Based On: Net Sale Price
    • Tax Year: 2025
    • Total Rent: $32,767
    • Buyer Agent Compensation: 2%
    • Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)
    • Taxes: $85,744

Location

Maverick Portfolio, Chelsea, MA 02150

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