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238 Chelsea Street
Everett, MA 02149

$6,100,000

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Listing Details

  • $6,100,000
  • MLS# 73592372
  • Type Multi Unit - Multiple
  • Status Active
  • 26
    Bedrooms
  • 26 full
    Bathrooms
  • 15,464
    Square Feet
  • 0.340 acres
    Lot Size
  • 1970
    Year Built

Listed By

Agency Name: Marcus & Millichap Real Estate Investment Services
Agent Name: Tony Pepdjonovic
Agency Phone: 617-896-7200

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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...read more

Features

  • Tile
  • 3.0 Stories
  • $48,880 Taxes
  • Public
  • Built in 1970

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