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Canceled

134 Chelsea Street, Boston MA 02128

$2,350,000

Estimated $5,377.10/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $587,500

Total Rent: 165900/year

Estimated CAP Rate: 6.26%

11 Bedrooms

6 Full Baths

4,579 SqFt

Total Parking: 0

2,500 SqFt

100% TURN KEY new construction/renovation 4 family residence with CONDO QUALITY finishes, 100% LEASED and with room to grow rents! The building underwent a total renovation including a rear addition and top floor addition in 2020. Highlights include open floorplans, white shaker kitchen's with JennAir appliances, quartz counters, clean and crisp contemporary baths, gorgeous hardwood floors, in-unit laundry, decks and a rear yard. Unit #1 is a 3 bedroom/1 bath, Unit #2 and #3 each have 3 bedrooms/2 baths and unit #4 is a penthouse 2 bedroom with multiple decks. Centrally located, the property is close to both the Airport T station and Maverick Square. The building has superior life safety with a sprinkler and fire alarm system. DON'T BUY SOMEONE ELSE'S HEADACHE. INVEST WITH CONFIDENCE in this new build cash cow!

This home has been viewed 69 times

Last Checked: June 6th, 2024 at 4:18am (Source: MLS PIN #73192143)

Gross Income: $165,900

Gross Expenses: $18,799

Net Income Calc: $147,101

CAP Rate: 6.26%

Annual Expenses for 134 Chelsea Street, Boston MA 02128

Total Gross Expenses (Calculated)$18,799/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$18,799.11

Annual Income & Unit Breakdown for 134 Chelsea Street, Boston MA 02128

Total Gross Income (Calculated)$165,900

Unit 1

Rental Income$3,575

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$3,575

LeaseY

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$3,675

LeaseY

Bedrooms3

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$3,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor4

Levels in Unit1

HeatingYes

Rent Includes

General Information for 134 Chelsea Street, Boston MA 02128

Listing ID73192143

Property TypeMulti Family / 4 Family

Price$2,350,000 ($513.21/SqFt)

Style4 Family - 4 Units Up/down

CityBoston

CountySuffolk

MLS AreaEast Boston

Neighborhood(s)

Approximate Living Area Total4,579 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking0

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter,Stone,Brick/Mortar,Slab

Accessible Features

Outdoor Space

Zoning3F-2000

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 134 Chelsea Street, Boston MA 02128

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosurenot including the basement or decks

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$25,429

Total Gross Income By Broker$165,900

Total Net Income By Broker$140,471

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.0

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 134 Chelsea Street, Boston MA 02128

Real Estate Taxes$18,799.11

Tax Year2023

Assessed Value$1,517,500

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$25,429

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$165,900

BostonRealEstate.com Gross Income

Total Net Income By Broker$140,471

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.26%

Location Information for 134 Chelsea Street, Boston MA 02128

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaEast Boston

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Marina, Private School, University

Contact Information for 134 Chelsea Street, Boston MA 02128

Agent

Name: The Residential Group

Office

Name: William Raveis R.E. & Home Services

Phone: 617-426-8333

Team Members

Name: Scott Johnson

Phone: 617-290-7428

Name: Jason Manganello

Phone: 617-877-5694

Payment Calculator

, Interest

Property Taxes 1566.59

Principal & Interest 14479.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

William Raveis R.E. & Home Services

The Residential Group

Agent Phone

Office Phone

(617) 426-8333

Text Agent Call Agent Call Office

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EXIT

Canceled

134 Chelsea Street, Boston MA 02128

$2,350,000

Annual Expenses for 134 Chelsea Street, Boston MA 02128

Annual Income & Unit Breakdown for 134 Chelsea Street, Boston MA 02128

General Information for 134 Chelsea Street, Boston MA 02128

Disclosures for 134 Chelsea Street, Boston MA 02128

Financial Information for 134 Chelsea Street, Boston MA 02128

Location Information for 134 Chelsea Street, Boston MA 02128

Contact Information for 134 Chelsea Street, Boston MA 02128

Agent

Office

Team Members

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Exclusive Listing Agent

William Raveis R.E. & Home Services

The Residential Group