81 Chelsea St, Everett, MA 02149
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$2,850,000
8 Unit
8 Beds
8 Baths
4800 SQFT
0.11 Acre

Property Description

81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns.

Property Details tap to expand

Building Information

  • Total Units: 8
  • Total Floors: 5
  • Total Bedrooms: 8
  • Total Full Baths: 8
  • Amenities: Highway Access, Park, Public School, Public Transportation
  • Basement Features: Finished, Other (See Remarks)

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided, Owner Provided
  • Gross Operating Income: 205200
  • Gross Expenses: 13217
  • INSC: 7061
  • Repairs & Maintenance: 6156
  • Net Operating Income: 166000

Utilities

  • 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: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1925
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Brick
  • Roof Material: Other (See Remarks), Rubber
  • Flooring Type: Laminate, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73505688
  • Last Updated: 04/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/26/2026Active$2,850,000$594MLSPIN
04/22/2026New$2,850,000$594MLSPIN

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Seller's Representative: Saad Munir, ENRG Global Realty, 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 2026-04-26 04:05:00

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