11 Williams Street, Chelsea, MA 02150
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$1,375,000
Type: 5+ Residential
Lease Type N/A
4060 Bldg. SQFT
N/A Restrooms
Parking: N/A

Property Description

Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.

Property Details tap to expand

Property Information

  • Type: 5+ Residential
  • Location: Legal Conforming
  • MLS ID#: 73456488

Financial

  • Gross Annual Expenses: 43744
  • Gross Annual Income: 152181
  • Net Operating Income: 108437

Building Information

  • Total SQFT: 4060

Construction & Utilities

  • Utilities: Public Sewer, Public Water

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/23/2025Active$1,375,000$339MLSPIN
11/23/2025Active$1,375,000$339MLSPIN
11/19/2025New$1,375,000$339MLSPIN
11/19/2025New$1,375,000$339MLSPIN

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Seller's Representative: Zachary Conley, NextGen Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-23 04:05:00