33 Franklin St, Chelsea, MA 02150
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$995,000
2 Unit
8 Beds
3 Baths
3472 SQFT
0.11 Acre

Property Description

PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potential to go higher. This property offers exceptional space, recent updates, and a strong rental history.The first-floor unit features 2 bedrooms, 1 bath, a large living room, eat-in kitchen, and a flexible bonus room—perfect for a home office or study. The second and third floors combine to create a 6-bedroom, 2-bath unit with additional flex spaces ideal for today’s work-from-home needs.Recent updates include new flooring and cabinetry in kitchens and baths, fresh interior paint, and an exterior paint in the last two years. Enjoy shared deck space, a side yard, and a detached 2-car garage—rare in this location.Perfect for investors or owner-occupants looking for size, flexibility, and move-in-readiness

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Public Transportation, Shopping
  • Basement Features: Unfinished Basement
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 93804
  • Net Operating Income: 89004

Utilities

  • Electric Info: 220 Volts, At Street
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range, Washer Hookup
  • 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: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73364853
  • Last Updated: 06/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/01/2025Active$995,000$287MLSPIN
05/28/2025Price Change$995,000$287MLSPIN
05/12/2025Active$1,050,000$302MLSPIN
05/08/2025Price Change$1,050,000$302MLSPIN
04/29/2025Active$1,100,000$317MLSPIN
04/25/2025New$1,100,000$317MLSPIN

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Seller's Representative: CASTLES UNLIMITED TEAM, eXp 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 2025-06-01 03:15:00

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