114 Chestnut St, Chelsea, MA 02150
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$1,699,000
4 Unit
8 Beds
4 Baths
4392 SQFT
0.21 Acre

Property Description

ATTENTION DEVELOPERS: Chelsea Sq opportunity now available. This 9000 sq ft lot located in the R-2 District is one block away from Chelsea Sq and exit/on ramps for the Tobin Bridge. The property includes an existing 4 unit multifamily currently rented out and an additional paved parking lot. Possible redevelopment scenarios can be building 6-8 units on parking lot side or total redevelopment of both sides to build 12-16 new units of housing. Tours of interior existing multifamily available to vetted buyers only.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 102000
  • Net Operating Income: 102000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Floors: 2

Unit 4 Description

  • Floors: 2

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Fieldstone
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73293925
  • Last Updated: 09/28/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/28/2024Active$1,699,000MLSPIN
09/28/2024Active$1,699,000$387MLSPIN
09/24/2024New$1,699,000MLSPIN
09/24/2024New$1,699,000$387MLSPIN

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Seller's Representative: Roy Avellaneda, Metropolitan Boston Real Estate, LLC
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 2024-09-28 03:05:00

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