39 Shawmut St, Chelsea, MA 02150
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$950,000
3 Unit
8 Beds
3 Baths
2583 SQFT
0.03 Acre

Property Description

Three-family building, located in appealing neighborhood in Chelsea. Convenient to shopping, transportation, restaurants, and downtown Boston. Has been diligently maintained by one owner for past 15 years and has stable rental history. Comprised of three floor-through units, each with private deck, large living room, eat-in-kitchen, and bath; first floor has two bedroom, second and third floors have three bedrooms each. All units have been recently updated, including: kitchens, bathrooms, walls, floors, windows. Heating and hot water tanks have been replaced as needed, new roof as of 2 years ago. Tenants pay all their own utilities except water/sewer. The building is attached to 41 Shawmut, its mirror image, which is also listed for sale by same owner…a rare opportunity to own one or two 3-unit buildings. Offers are due Tuesday, April 1 at 10:00 AM.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Public Transportation, Shopping
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Microwave, Range, Refrigerator
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 91500
  • Net Operating Income: 78600

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Flooring Type: Wood
  • Lead Paint: None, Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73351415
  • Last Updated: 03/31/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/31/2025Active$950,000$368MLSPIN
03/27/2025New$950,000$368MLSPIN

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Seller's Representative: Chris Kostopoulos Group, Keller Williams Realty
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 2025-03-31 03:06:00