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157-161 Congress Ave, Chelsea MA 02150

$999,000

Estimated $2,298.04/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,500

Total Rent: 72000/year

Estimated CAP Rate: 6.39%

5 Bedrooms

2 Full Baths

2,802 SqFt

Total Parking: 8 (2 Garage)

5,584 SqFt

Investor Special: Strong income. Redevelopment Potential! EXTRA LOT INCLUDED! Don't miss this well-maintained two-family property with expansion upside.Unit 1: 3 beds, 1 bath leased $3,000.00 Unit 2: 3 beds, 1 bath with potential 4 bed also Leased @$3,000.00. A dry basement detached 2-car garage, ample parking, two covered decks, separate entrances, a backyard. Gross rental income: $6,000/month. Great opportunity for value-add, or future development. TAW after september, but would like to stay if desired by new owner, or will move out at end of lease.

This home has been viewed 61 times

Last Checked: August 22nd, 2025 at 4:29am (Source: MLS PIN #73405889)

Gross Income: $72,000

Gross Expenses: $8,138

Net Income Calc: $63,862

CAP Rate: 6.39%

Annual Expenses for 157-161 Congress Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$8,138/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,138

Annual Income & Unit Breakdown for 157-161 Congress Ave, Chelsea MA 02150

Total Gross Income (Calculated)$72,000

Unit 1

Rental Income$3,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$3,000

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 157-161 Congress Ave, Chelsea MA 02150

Listing ID73405889

Property TypeMulti Family / 2 Family

Price$999,000 ($356.53/SqFt)

Style2 Family - 2 Units Up/down

CityChelsea

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total2,802 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1930

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Wood

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesScreens

Terms

Disclosures for 157-161 Congress Ave, Chelsea MA 02150

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureBuyer exercise due diligence. Taken from public re

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$72,000

Total Net Income By Broker$72,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 157-161 Congress Ave, Chelsea MA 02150

Real Estate Taxes$8,138

Tax Year2025

Assessed Value$707,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$72,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$72,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.39%

Location Information for 157-161 Congress Ave, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 157-161 Congress Ave, Chelsea MA 02150

Agent

Name: Cley Oliveira

Office

Name: Coldwell Banker Realty - Waltham

Phone: 781-893-0808

Payment Calculator

, Interest

Property Taxes 678.17

Principal & Interest 6155.52

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Waltham

Cley Oliveira

Agent Phone

Office Phone

(781) 893-0808

Text Agent Call Agent Call Office

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EXIT