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23-25 Division St, Chelsea MA 02150

$1,295,000

Estimated $3,619.42/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $259,000

Total Rent: 95100/year

Estimated CAP Rate: 5.94%

8 Bedrooms

4 Full, 2 Half Baths

3,435 SqFt

Total Parking: 0

2,178 SqFt

23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.

This home has been viewed 4 times

Last Checked: June 10th, 2025 at 6:23am (Source: MLS PIN #73352092)

Gross Income: $95,100

Gross Expenses: $18,235

Net Income Calc: $76,865

CAP Rate: 5.94%

Beach Front

Annual Expenses for 23-25 Division St, Chelsea MA 02150

Total Gross Expenses (Calculated)$18,235/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$18,235

Annual Income & Unit Breakdown for 23-25 Division St, Chelsea MA 02150

Total Gross Income (Calculated)$95,100

Unit 1

Rental Income$2,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,875

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$2,050

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,950

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 23-25 Division St, Chelsea MA 02150

Listing ID73352092

Property TypeMulti Family / 5+ Family

Price$1,295,000 ($377/SqFt)

Style5-9 Family

CityChelsea

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,435 SqFt

Approximate Lot Size (Acres)0.05 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningW

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 23-25 Division 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$48,357

Total Gross Income By Broker$153,740

Total Net Income By Broker$105,383

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 23-25 Division St, Chelsea MA 02150

Real Estate Taxes$18,235

Tax Year2025

Assessed Value$1,132,600

Financial Data Source

Total Gross Expenses By Broker$48,357

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$153,740

BostonRealEstate.com Gross Income

Total Net Income By Broker$105,383

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.94%

Location Information for 23-25 Division St, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 23-25 Division St, Chelsea MA 02150

Agent

Name: Kelleher - Pentore Team

MLS ID: TM359859

Office ID: AN2723

Office

Name: Horvath & Tremblay

MLS Office ID: AN2723

Phone: 781-776-4000

Team Members

Name: Dennis Kelleher

MLS ID: CN212671

Office ID: AN2723

Phone: 781-776-4002

City: Boston

State: MA

Name: John Pentore

MLS ID: CN212669

Office ID: AN2723

Phone: 781-776-4004

City: Lynnfield

State: MA

Payment Calculator

, Interest

Property Taxes 1519.58

Principal & Interest 7979.38

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Kelleher - Pentore Team

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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[terms] => Array
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[timber_acres] => None
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        )

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[water] => Array
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    [year_built_details] => Approximate
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    [zoning] => W
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23-25 Division St, Chelsea MA 02150

$1,295,000

Annual Expenses for 23-25 Division St, Chelsea MA 02150

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Financial Information for 23-25 Division St, Chelsea MA 02150

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Horvath & Tremblay

Kelleher - Pentore Team