Renovated 6-family in hot Chelsea. All of the units have been recently remodeled with 2 brand new units on the first floor with new hardyboard siding, fire panel and electric in the building. Heat and A/C throughout the property. All 6 units are separately metered. Gross rent is estimate-- one unit is currently being finished and leased. Easy access to public transportation and 7 minutes to Boston via the Tobin Bridge One block from Broadway and all of the restaurants Chelsea has to offer. Walkable to Admiral's hill, Mary O'Malley Park and the waterfront. Major addition and full renovation in 2007. Property could be used by tenants to park 5 vehicles on site.
This home has been viewed 49 times
Last Checked: May 7th, 2024 at 2:36am (Source: MLS PIN #73055244)
Gross Income: $120,000
Gross Expenses: $13,265
Net Income Calc: $106,735
Annual Expenses for 75 Williams St, Chelsea MA 02150
Total Gross Expenses (Calculated)$13,265/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13265
Annual Income & Unit Breakdown for 75 Williams St, Chelsea MA 02150
Total Gross Income (Calculated)$120,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 75 Williams St, Chelsea MA 02150
Listing ID73055244
Property TypeMulti Family / 5+ Family
Price2899000 ($619.05/SqFt)
Style5-9 Family
CityChelsea
CountySuffolk
Neighborhood(s)
Approximate Living Area Total4683
Approximate Lot Size (Acres)22.96
Total Parking5
Garage Parking0
Year Built2007
Year Built SourceOwner
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 75 Williams St, Chelsea MA 02150
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 75 Williams St, Chelsea MA 02150
Real Estate Taxes13265
Tax Year2021
Assessed Value$9,999,999
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 75 Williams St, Chelsea MA 02150
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 75 Williams St, Chelsea MA 02150
Agent
Name: Andrew Haddad
Office
Name: Northeast Development & Investment, Inc.