Maverick Portfolio, Chelsea, MA 02150
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$11,000,000
44 Unit
63 Beds
44 Baths
28836 SQFT
0.52 Acre

Property Description

The Maverick Portfolio is comprised of four multi-family properties located at 125-129 Arlington St (MLS #73357408), 36-40 Orange St (MLS #73357407) & 93-95 Orange St (MLS #73357406), & 827-835 Broadway (MLS #73357406). The Portfolio contains forty-four residential units comprised of five 3-Bedroom/1-Bathroom units, nine 2-Bedroom/1-Bathroom units, twenty-four 1-Bedroom/1-Bathroom units, and six Studio units. Each of the Properties has an on-site laundry facility, and 827-835 Broadway offers four on-site parking spaces. The Maverick Portfolio offers the opportunity to acquire four investment properties in a highly desirable urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are well below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.

Property Details tap to expand

Building Information

  • Total Units: 44
  • Total Floors: 3
  • Total Bedrooms: 63
  • Total Full Baths: 44
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, Walk/Jog Trails

Financial

  • APOD Available: Yes
  • Gross Operating Income: 1036741
  • Gross Expenses: 394020
  • Net Operating Income: 642721

Utilities

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

Unit 1 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, 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: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73357409
  • Last Updated: 04/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/13/2025Active$11,000,000$381MLSPIN
04/09/2025New$11,000,000$381MLSPIN

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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