237 Chestnut St, Chelsea, MA 02150

237 Chestnut is situated in the heart of Chelsea, a high-density urban-infill city just northeast of downtown Boston, and located one block from Broadway, the area’s primary commercial corridor. The building has been well maintained during ownership, and the incoming owner has the option to improve unit conditions strategically to maximize rents in a supply constrained market. The property is a three unit multi-family building comprised of three, 3-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly while the landlord is responsible for domestic water and sewer. Building amenities include a coin-op laundry room. 237 Chestnut Street is 0.5-miles from the Mystic Mall, 1-mile from Parkway Plaza Shopping Center and is 2.5-miles from the Gateway Center, anchored by Costco, Home Depot & Target, and the new Encore Boston Harbor Resort & Casino.