239 Chestnut Street is a three unit multi-family building comprised of three, 3-Bedroom/1-Bathroom units with 3,513 square feet of living area in 4,684 total square feet on a 0.043-acre parcel. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly while the landlord is responsible for domestic water and sewer. The building has been well maintained during ownership. While the building is typically fully occupied, the opportunity exists to drive rental rates through programmatic upgrades and renovations to the kitchens and bathrooms in all units, allowing the incoming owner to maximize rents in a supply constrained market. 239 Chestnut is situated in the heart of Chelsea, a high-density urban-infill city just northeast of downtown Boston, and located one block from Broadway, the area’s primary commercial corridor, with public transportation readily available.
This home has been viewed 63 times
Last Checked: May 7th, 2024 at 4:06am (Source: MLS PIN #73082153)
Gross Income: $0
Gross Expenses: $9,989
Net Income Calc: $9,989
Water Views
Annual Expenses for 239 Chestnut St, Chelsea MA 02150
Total Gross Expenses (Calculated)$9,989/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9989
Annual Income & Unit Breakdown for 239 Chestnut St, Chelsea MA 02150
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 239 Chestnut St, Chelsea MA 02150
Listing ID73082153
Property TypeMulti Family / 3 Family
Price835000 ($237.69/SqFt)
Style3 Family - 3 Units Up/down
CityChelsea
CountySuffolk
Neighborhood(s)
Approximate Living Area Total3513
Approximate Lot Size (Acres)0.04
Total Parking0
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 239 Chestnut St, Chelsea MA 02150
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation0
Sub-Agent Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 239 Chestnut St, Chelsea MA 02150
Real Estate Taxes9989
Tax Year2023
Assessed Value$806,900
Financial Data SourceEstimated
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 239 Chestnut St, Chelsea MA 02150
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 239 Chestnut St, Chelsea MA 02150