36-40 Orange St, Chelsea, MA 02150
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$2,900,000
12 Unit
13 Beds
12 Baths
6375 SQFT
0.09 Acre

Property Description

34-40 Orange Street is a twelve unit multi-family building comprised of one 2-Bedroom/1-Bathroom unit, eight 1-Bedroom/1-Bathroom units, and three Studio units with 6,375 square feet of living area in 9,124 total square feet on a 0.09-acre parcel. The Property is separately metered for electricity which the tenants pay directly for their own heat and power. The Landlord is responsible for common area electric, hot water (gas) for the tenants, and domestic water and sewer. The Property features an on-site laundry facility. Most units feature cosmetic upgrades including newer cabinetry, hardwood floors and granite countertops. 34-40 Orange Street is also being offered with three additional multifamily properties in The Maverick Portfolio (MLS #73357409)

Property Details tap to expand

Building Information

  • Total Units: 12
  • Total Floors: 3
  • Total Bedrooms: 13
  • Total Full Baths: 12
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station

Financial

  • APOD Available: Yes
  • Gross Operating Income: 249581
  • Gross Expenses: 74009
  • Net Operating Income: 175572

Utilities

  • Electric Info: Individually Metered
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Side by Side
  • Foundation Info: Other (See Remarks)
  • Roof Material: Rubber
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73357407
  • Last Updated: 04/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/13/2025Active$2,900,000$455MLSPIN
04/09/2025New$2,900,000$455MLSPIN

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Seller's Representative: Kelleher - Pentore Team, Horvath & Tremblay
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-13 04:05:00

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