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Expired

271 Washington Ave, Chelsea MA 02150

$595,000

Estimated $1,838.29/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $297,500

Total Rent: 0/year

Estimated CAP Rate: -1.76%

5 Bedrooms

2 Full, 1 Half Baths

3,963 SqFt

Total Parking: 0

6,360 SqFt

Attention all Contractors, Developers, Investors and Restaurateurs to this Victorian Mansard home in the best Chelsea location. Sited high above the street comes with grandeur and great city views. Property is split into 2 units- Owners unit is on 1st and 2nd floor and rental unit is in the mansard with back entrance. Minor alterations to original floor plan when property was converted to 2 Fam, original woodwork, 2 fireplaces, high ceilings, oversized windows. This property is a GEM with HUGE potential: Flip it, fix and keep as rental property, Restore & move in, tear down and build new, etc...what is your vision??? This is an Estate Sale. Seller never occupied and has limited information about the age of systems and property condition. Buyers to do their due diligence. Cash Offers are best suited. Delivered vacant.

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 8:01am (Source: MLS PIN #73032544)

Gross Income: $0

Gross Expenses: $10,482

Net Income Calc: $10,482

CAP Rate: -1.76%

Beach Front

Annual Expenses for 271 Washington Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$10,482/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$10,482

Annual Income & Unit Breakdown for 271 Washington Ave, Chelsea MA 02150

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms5

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 271 Washington Ave, Chelsea MA 02150

Listing ID73032544

Property TypeMulti Family

Price$595,000 ($150.14/SqFt)

StyleMulti Family

CityChelsea

CountySuffolk

MLS AreaPrattville

Neighborhood(s)

Approximate Living Area Total3,963 SqFt

Approximate Lot Size (Acres)0.15 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesSteep Slope

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 271 Washington 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$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 271 Washington Ave, Chelsea MA 02150

Real Estate Taxes$10,482

Tax Year2022

Assessed Value$791,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.76%

Location Information for 271 Washington Ave, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaPrattville

Area AmenitiesSidewalks

Contact Information for 271 Washington Ave, Chelsea MA 02150

Agent

Name: North Star Group

Office

Name: LAER Realty Partners

Phone: 978-475-4855

Team Members

Name: Olga Rotaru

Phone: 857-373-9257

Payment Calculator

, Interest

Property Taxes 873.5

Principal & Interest 3666.2

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

North Star Group

Agent Phone

Office Phone

(978) 475-4855

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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EXIT