Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.
For sale
$1,650,000
4 Warren Ave, Chelsea, MA 02150
12beds
3,712sqft
Est.:
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$445/sqft
$-- HOA
What's special
Rear balconyModern kitchensOff-street parking
- 55 days
- on Zillow |
- 314 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 08:45am
Listed by:
Peter Giannikopoulos,
Coldwell Banker Realty - Boston,
Jonathan Hoyos
Source: MLS PIN,MLS#: 73389751
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Features
- Laundry Room, Mudroom
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,712
- Total interior livable area: 3,712 sqft
- Finished area above ground: 3,712
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck - Wood
Lot
- Size: 7,200 Square Feet
Details
- Parcel number: M:072 P:047,1289783
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Block, Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Highway Access
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $1,292,800
- Annual tax amount: $14,880
- Date on market: 6/11/2025
- Total actual rent: 11400
- Loading
- Loading