Overview Property Details Payment Calculator Walkability

Active

33 Franklin St, Chelsea MA 02150

$995,000

Estimated $2,383.06/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $497,500

Total Rent: 89004/year

Estimated CAP Rate: 8.02%

8 Bedrooms

3 Full Baths

3,472 SqFt

Total Parking: 5 (2 Garage)

5,000 SqFt

PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potenti...

This home has been viewed 14 times

Last Checked: June 2nd, 2025 at 4:43am (Source: MLS PIN #73364853)

Gross Income: $89,004

Gross Expenses: $9,236

Net Income Calc: $79,768

CAP Rate: 8.02%

Annual Expenses for 33 Franklin St, Chelsea MA 02150

Total Gross Expenses (Calculated)$9,236/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,236

Annual Income & Unit Breakdown for 33 Franklin St, Chelsea MA 02150

Total Gross Income (Calculated)$89,004

Unit 1

Rental Income$2,700

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$4,717

LeaseY

Bedrooms6

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 33 Franklin St, Chelsea MA 02150

Listing ID73364853

Property TypeMulti Family

Price$995,000 ($286.58/SqFt)

StyleMulti Family

CityChelsea

CountySuffolk

MLS AreaPrattville

Neighborhood(s)

Approximate Living Area Total3,472 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking5 (2 Garage)

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck

ZoningR1

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 33 Franklin St, 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$93,804

Total Net Income By Broker$89,004

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 33 Franklin St, Chelsea MA 02150

Real Estate Taxes$9,236

Tax Year2025

Assessed Value$802,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$93,804

BostonRealEstate.com Gross Income

Total Net Income By Broker$89,004

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.02%

Location Information for 33 Franklin St, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaPrattville

Area AmenitiesShopping, Public Transportation

Contact Information for 33 Franklin St, Chelsea MA 02150

Agent

Name: CASTLES UNLIMITED TEAM

MLS ID: TM346855

Office ID: AN7038

Office

Name: eXp Realty

MLS Office ID: AN7038

Phone: 888-854-7493

Team Members

Name: Richard Hassman

MLS ID: CN236579

Office ID: AN7038

National Association ID: 449597045

Phone: 617-380-7424

City: Boston

State: MA

Payment Calculator

$6,900.54 per month

30 Years Fixed, 6.75% Interest

Property Taxes $769.67

Principal & Interest $6,130.87

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

CASTLES UNLIMITED TEAM

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [description] => PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potential to go higher. This property offers exceptional space, recent updates, and a strong rental history.The first-floor unit features 2 bedrooms, 1 bath, a large living room, eat-in kitchen, and a flexible bonus room—perfect for a home office or study. The second and third floors combine to create a 6-bedroom, 2-bath unit with additional flex spaces ideal for today’s work-from-home needs.Recent updates include new flooring and cabinetry in kitchens and baths, fresh interior paint, and an exterior paint in the last two years. Enjoy shared deck space, a side yard, and a detached 2-car garage—rare in this location.Perfect for investors or owner-occupants looking for size, flexibility, and move-in-readiness
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                    [modified] => 2025-06-02 04:43:40
                )

[20] => Array
                (
                    [id] => 109152051
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73364853&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-06-02 04:43:40
                    [modified] => 2025-06-02 04:43:40
                )

[21] => Array
                (
                    [id] => 109152052
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73364853&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-06-02 04:43:40
                    [modified] => 2025-06-02 04:43:40
                )

[22] => Array
                (
                    [id] => 109152053
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73364853&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-06-02 04:43:40
                    [modified] => 2025-06-02 04:43:40
                )

)

)

EXIT