837 Broadway, Chelsea, MA 02150
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$999,000
3 Unit
6 Beds
3 Baths
3054 SQFT
0.11 Acre

Property Description

Fantastic opportunity to own a fully occupied 3-unit multifamily in a prime Chelsea location. Situated on a generous 5,000 sq ft lot, 837 Broadway features three spacious 2-bedroom, 1-bath units with on-site parking included. All units are currently leased, generating solid rental income with significant upside potential as rents are below market. Separately metered utilities and a strong rental history add to the investment appeal. Located in a high-demand area with easy access to public transportation, major highways, shopping, and dining. Chelsea is a rapidly growing market, and this property is a great opportunity to invest in long-term value.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 64200
  • Net Operating Income: 64200

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73371381
  • Last Updated: 05/08/25

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Seller's Representative: Kovacs Savage Team, Byrnes Real Estate Group 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 2025-05-08 03:30:00

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