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Active

7 Carmel Street, Chelsea MA 02150

$1,100,000

Estimated $2,821/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $366,666.67

Total Rent: 96000/year

Estimated CAP Rate:

7 Bedrooms

Baths

3276

Total Parking: 4

2,700 (0.06)

Welcome to 7 Carmel Street, a well-maintained and updated 3-unit multifamily in one of Chelsea’s most desirable and commuter-friendly neighborhoods. This solid investment property features all new mechanical systems along with updated kitchens and bathrooms, offering long-term reliability and immediate rental appeal. Each unit is thoughtfully maintained with functional layouts and quality finishes. The property includes off-street parking and a coin-operated laundry area in the basement—convenient for tenants and an additional source of income for the owner. With excellent long-term tenants already in place, this is a true turnkey opportunity for investors seeking strong cash flow and minimal maintenance. Located just minutes from downtown Boston and major transit routes, this property offers both convenience and lasting value in a competitive rental market. Don’t miss your chance to own a top-performing multifamily in a fast-growing market.

This home has been viewed 14 times

Last Checked: May 10th, 2026 at 4:53am (Source: MLS PIN #73512707)

Gross Income: $96,000

Gross Expenses: $12,449

Net Income Calc: $83,551

Water Views

Annual Expenses for 7 Carmel Street, Chelsea MA 02150

Total Gross Expenses (Calculated)$12,449/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12449

Annual Income & Unit Breakdown for 7 Carmel Street, Chelsea MA 02150

Total Gross Income (Calculated)$96,000

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 7 Carmel Street, Chelsea MA 02150

Listing ID73512707

Property TypeMulti Family / 3 Family

Price1100000 ($335.78/SqFt)

Style3 Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3276

Approximate Lot Size (Acres)0.06

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 7 Carmel Street, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsFireplace Mantel In Living Room Is Excluded.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 7 Carmel Street, Chelsea MA 02150

Real Estate Taxes12449

Tax Year2025

Assessed Value$1,081,600

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 7 Carmel Street, Chelsea MA 02150

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 7 Carmel Street, Chelsea MA 02150

Agent

Name: Kovacs Savage Team

Office

Name: Byrnes Real Estate Group LLC

Phone: 833-429-7637

Team Members

Payment Calculator

, Interest

Property Taxes 1037.42

Principal & Interest 6777.85

HOA Dues

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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    [unparsed] => 7 Carmel Street, Chelsea MA 02150
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EXIT

21 More Photos

Active

7 Carmel Street, Chelsea MA 02150

$1,100,000

Annual Expenses for 7 Carmel Street, Chelsea MA 02150

Annual Income & Unit Breakdown for 7 Carmel Street, Chelsea MA 02150

General Information for 7 Carmel Street, Chelsea MA 02150

Disclosures for 7 Carmel Street, Chelsea MA 02150

Financial Information for 7 Carmel Street, Chelsea MA 02150

Location Information for 7 Carmel Street, Chelsea MA 02150

Contact Information for 7 Carmel Street, Chelsea MA 02150

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Byrnes Real Estate Group LLC

Kovacs Savage Team