Overview Property Details Payment Calculator Walkability

Withdrawn

837 Broadway, Chelsea MA 02150

$975,000

Estimated $2,356.38/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $325,000

Total Rent: 72000/year

Estimated CAP Rate: 5.91%

6 Bedrooms

3 Full Baths

3,054 SqFt

Total Parking: 3

5,000 SqFt

Fantastic opportunity to own a fully occupied 3-unit multifamily in a prime Chelsea location. Situated on a generous 5,000 sq ft lot, 837 Broadway features three spacious 2-bedroom, 1-bath units with on-site parking included. All units are currently leased, generating solid ...

This home has been viewed 44 times

Last Checked: July 3rd, 2025 at 4:30am (Source: MLS PIN #73371381)

Gross Income: $72,000

Gross Expenses: $14,405

Net Income Calc: $57,595

CAP Rate: 5.91%

Annual Expenses for 837 Broadway, Chelsea MA 02150

Total Gross Expenses (Calculated)$14,405/year

APOD AvailableNo

Heating

Electricity$300

Water$1,800

Gas$1,800

Insurance$3,000

Sewer$1,800

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,305

Annual Income & Unit Breakdown for 837 Broadway, Chelsea MA 02150

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 837 Broadway, Chelsea MA 02150

Listing ID73371381

Property TypeMulti Family / 3 Family

Price$975,000 ($319.25/SqFt)

Style3 Family

CityChelsea

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,054 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 837 Broadway, Chelsea MA 02150

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceProjected

Total Gross Expenses By Broker$5,100

Total Gross Income By Broker$72,000

Total Net Income By Broker$66,900

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 837 Broadway, Chelsea MA 02150

Real Estate Taxes$9,305

Tax Year2025

Assessed Value$808,400

Financial Data SourceProjected

Total Gross Expenses By Broker$5,100

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$66,900

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.91%

Location Information for 837 Broadway, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Laundromat, Public Transportation, T-station

Contact Information for 837 Broadway, Chelsea MA 02150

Agent

Name: Kovacs Savage Team

MLS ID: TM359208

Office ID: AN8872

Office

Name: Byrnes Real Estate Group LLC

MLS Office ID: AN8872

Phone: 833-429-7637

Team Members

Name: Benjamin Kovacs

MLS ID: CN232300

Office ID: AN8872

National Association ID: 449606243

Phone: 774-217-2268

City: Boston

State: MA

Payment Calculator

$6,783.06 per month

30 Years Fixed, 6.75% Interest

Property Taxes $775.42

Principal & Interest $6,007.64

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Byrnes Real Estate Group LLC

Kovacs Savage Team

Agent Phone

Office Phone

(833) 429-7637

Text Agent Call Agent Call Office

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EXIT

Withdrawn

837 Broadway, Chelsea MA 02150

$975,000

Annual Expenses for 837 Broadway, Chelsea MA 02150

Annual Income & Unit Breakdown for 837 Broadway, Chelsea MA 02150

General Information for 837 Broadway, Chelsea MA 02150

Disclosures for 837 Broadway, Chelsea MA 02150

Financial Information for 837 Broadway, Chelsea MA 02150

Location Information for 837 Broadway, Chelsea MA 02150

Contact Information for 837 Broadway, Chelsea MA 02150

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Byrnes Real Estate Group LLC

Kovacs Savage Team