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60 Nichols St, Chelsea MA 02150

$875,000

Estimated $2,171/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $437,500

Total Rent: 26400/year

Estimated CAP Rate:

5 Bedrooms

Baths

3156

Total Parking: 4

7,634 (0.18)

Rare opportunity to own a meticulously-maintained multi-family in most desirable Chelsea location! This expansive property offers strong owner-occupant or investment potential with oversized living spaces, abundant natural light, hardwood floors, and classic period detail throughout. Spacious layouts feature large eat-in kitchens, generous bedrooms, formal dining areas, and inviting living rooms ideal for modern living. Set on a gigantic lot, the incredible outdoor space offers elevated decks for each unit, huge slate patio, and a fenced in yard/tree-line. Ample off-street parking, storage, and convenient access to public trans, Logan, and everything Boston has to offer. Truly a great opportunity to add a turnkey property, with unlimited growth potential, to your portfolio.

This home has been viewed 11 times

Last Checked: June 17th, 2026 at 5:13am (Source: MLS PIN #73525349)

Gross Income: $26,400

Gross Expenses: $9,031

Net Income Calc: $17,369

Annual Expenses for 60 Nichols St, Chelsea MA 02150

Total Gross Expenses (Calculated)$9,031/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9031

Annual Income & Unit Breakdown for 60 Nichols St, Chelsea MA 02150

Total Gross Income (Calculated)$26,400

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 60 Nichols St, Chelsea MA 02150

Listing ID73525349

Property TypeMulti Family

Price875000 ($277.25/SqFt)

StyleMulti Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3156

Approximate Lot Size (Acres)0.18

Total Parking4

Garage Parking0

Year Built1923

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoningres

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 60 Nichols St, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher

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 60 Nichols St, Chelsea MA 02150

Real Estate Taxes9031

Tax Year2026

Assessed Value$548,700

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 60 Nichols St, Chelsea MA 02150

Neighborhood(s)

Area Amenities

Contact Information for 60 Nichols St, Chelsea MA 02150

Agent

Name: Adam Geragosian

Office

Name: Compass

Phone: 617-206-3333

Team Members

Payment Calculator

, Interest

Property Taxes 752.58

Principal & Interest 5391.47

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Adam Geragosian

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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EXIT

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