Property Description

Here is an amazing opportunity to own a very well maintained 3 Family home on one of the largest lots in Chelsea. This property is comprised of 3 separate parcels totaling 7,413 sq ft. (101, 103 & 107 Central Avenue). The 1st and 2nd floors are currently occupied (TAW) and are rented at $2150 and $2300 respectively. The 3rd floor is rent ready (est +$2500/mo). It is currently unoccupied, at the owners’ discretion, to accommodate prospective viewings and/or new owner living space. All apartments have been lovingly cared for over the years. The 3rd floor apartment has original hardwood floors, is bright, sunny and has some water views. The 2nd floor apartment was renovated in 2020 and is in excellent condition. It too has beautiful original woodwork and hardwood flooring. The 1st floor apartment may need a little TLC next time it turns over and does not have original hardwood. Each apartment has its own W/D hookup. There is currently coin operated laundry on the 3rd floor.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Public School, Public Transportation, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Internet Available - Fiber-Optic
  • Common Appliances: 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: Accountant Provided, Not Available
  • Gross Operating Income: 83400
  • Gross Expenses: 11369
  • Electric Expenses: 360
  • Water/Sewer: 4500
  • INSC: 6509
  • Net Operating Income: 83400

Utilities

  • Heat Zones: 3
  • Electric Info: 60 Amps/Less, Circuit Breakers, None, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73430483
  • Last Updated: 09/14/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/13/2025New$1,185,000$382MLSPIN

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Seller's Representative: James Joly, Boardwalk Real Estate
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-09-14 03:30:00

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