Overview Property Details Payment Calculator Walkability

Closed

13 Garfield Ave, Chelsea MA 02150

$829,900

Estimated $2,075.35/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $414,950

Total Rent: 55200/year

Estimated CAP Rate: 5.48%

6 Bedrooms

2 Full, 1 Half Baths

3,137 SqFt

Total Parking: 4

4,000 SqFt

Looking for a Large Multi Family home in PRATVILLE! Large 2 Family home that has been in the same family for 3 generations. Rents are significantly below market rates and the opportunity exits if someone is looking to put some work into it. Unit 1 offers 4 bedrooms, public ...

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 7:56am (Source: MLS PIN #73121559)

Gross Income: $55,200

Gross Expenses: $9,756

Net Income Calc: $45,444

CAP Rate: 5.48%

Annual Expenses for 13 Garfield Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$9,756/year

APOD AvailableNo

Heating

Electricity

Water$1,000

Gas$1,000

Insurance

Sewer$1,000

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,756

Annual Income & Unit Breakdown for 13 Garfield Ave, Chelsea MA 02150

Total Gross Income (Calculated)$55,200

Unit 1

Rental Income$2,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,300

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 13 Garfield Ave, Chelsea MA 02150

Listing ID73121559

Property TypeMulti Family / 2 Family

Price$829,900 ($264.55/SqFt)

Style2 Family - 2 Units Up/down

CityChelsea

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,137 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking4

Garage Parking

Year Built1924

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBlock

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 13 Garfield Ave, Chelsea MA 02150

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$1,000

Total Gross Income By Broker$27,600

Total Net Income By Broker$27,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 13 Garfield Ave, Chelsea MA 02150

Real Estate Taxes$8,756

Tax Year2023

Assessed Value$707,300

Financial Data Source

Total Gross Expenses By Broker$1,000

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$27,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$27,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.48%

Location Information for 13 Garfield Ave, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Park, Public Transportation, Sidewalks

Contact Information for 13 Garfield Ave, Chelsea MA 02150

Agent

Name: Liz Giannasca

MLS ID: C8000842

Office ID: AC0756

National Association ID: 454004003

Address: 24 Tumelty Road

City: Peabody

State: MA

Zip: 01960

Office

Name: Cameron Real Estate Group

MLS Office ID: AC0756

Phone: 781-486-3180

Payment Calculator

$5,843.25 per month

30 Years Fixed, 6.75% Interest

Property Taxes $729.67

Principal & Interest $5,113.58

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Real Estate Group

Liz Giannasca

Agent Phone

Office Phone

(781) 486-3180

Text Agent Call Agent Call Office

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EXIT