Investment/Development Package Deal! This offering includes a fully rented and stabilized three family along with a separately deeded and assessed vacant parcel of land. This brick building is located close to Broadway restaurants, shopping, and public transportation. Easy access to downtown Boston or points north via Tobin Bridge makes this a perfect commuter location for prospective tenants. There is also a public parking lot located directly across the street from the building. The first floor is a 2 bedroom while second and third floors are three bedrooms. All units are ample size and have updated kitchens and bathrooms. Separate utilities for units as well. The 2,250 SF vacant parcel of land is located behind the property at 192 Cherry Street which is a public street. Bring your ideas to this currently underutilized piece of land!
Sold for $920,000 on 12/07/23
$920,000
225 Chestnut St, Chelsea, MA 02150
8beds
3,528sqft
3 Family
Built in 1920
-- sqft lot
$1,059,900 Zestimate®
$261/sqft
$3,657 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 07, 2023 at 01:17pm
Listed by:
Thomas Mario,
Century 21 Mario Real Estate
Bought with:
Saul Perlera
Perlera Real Estate
Source: MLS PIN,MLS#: 73130074
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,528
- Total interior livable area: 3,528 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 1,361 sqft
- Features: Other
Details
- Parcel number: M:038 P:020,1287683
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Brick
- Foundation: Stone
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Sidewalks
Location
- Region: Chelsea
HOA & financial
Other financial information
- Total actual rent: 6950
Other
Other facts
- Road surface type: Paved
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Estimated market value
$1,059,900