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(603) 382-7979
Real Estate Company
238 Chelsea Street, Everett, MA 02149
- $6,100,000
- 26
- BD
- 26
- BA
- 15,464
- SqFt
Listing courtesy of Listing Agent: Tony Pepdjonovic from Listing Office: Marcus & Millichap Real Estate Investment Services.
- List Price
- $6,100,000
- Status
- ACTIVE
- Days on Market
- 19
- MLS#
- 73592372
- Subtype
- Residential Income
- Year Built
- 1970
- Bedrooms
- 26
- Bathrooms
- 26
- Full Baths
- 26
- Living Area
- 15,464
- Lot Size
- 14,810
- Acres
- 0.34
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.
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Additional Information
- Taxes
- $48,880
- Zoning
- DD
- Flooring
- Tile
- Exterior Features
- Brick
- Stories
- 3
- Levels
- 3
- Foundation
- Slab
- Parking Features
- Off Street, Driveway
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