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39 Spencer Ave, Chelsea MA 02150

$929,000

Estimated $2,210/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $309,666.67

Total Rent: 73800/year

Estimated CAP Rate:

6 Bedrooms

Baths

2496

Total Parking: 2

1,666 (0.04)

Solid, well-maintained three-family investment opportunity! Perfect for investors or owner-occupants seeking a turnkey property with easy access to downtown Boston. Located in a quiet neighborhood, it's within walking distance of schools, shopping centers, a supermarket, bus routes 111, 116 & 117, the commuter rail, and other everyday amenities. The first-floor unit has been fully renovated, while the renovated third-floor unit offers beautiful city views. The property features separate utilities, a private driveway for two off-street parking spaces, and a roof and siding in good condition. Numerous updates include electrical improvements, renovated kitchens, and updated bathrooms. Well maintained with great tenants already in place, this is an excellent opportunity to own a quality income-producing property in a convenient location.

This home has been viewed 2 times

Last Checked: June 25th, 2026 at 10:38am (Source: MLS PIN #73541138)

Gross Income: $73,800

Gross Expenses: $8,449

Net Income Calc: $65,351

Annual Expenses for 39 Spencer Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$8,449/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8449

Annual Income & Unit Breakdown for 39 Spencer Ave, Chelsea MA 02150

Total Gross Income (Calculated)$73,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 39 Spencer Ave, Chelsea MA 02150

Listing ID73541138

Property TypeMulti Family / 3 Family

Price929000 ($372.2/SqFt)

Style3 Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total2496

Approximate Lot Size (Acres)0.04

Total Parking2

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 39 Spencer Ave, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTv On The Deck And Garage Tv

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 39 Spencer Ave, Chelsea MA 02150

Real Estate Taxes8449

Tax Year2026

Assessed Value$736,000

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 39 Spencer Ave, Chelsea MA 02150

Neighborhood(s)

Area Amenities

Contact Information for 39 Spencer Ave, Chelsea MA 02150

Agent

Name: Ella Goren

Office

Name: Sunrise Realty & Investment LLC

Phone: 617-710-4408

Payment Calculator

, Interest

Property Taxes 704.08

Principal & Interest 5724.2

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Sunrise Realty & Investment LLC

Ella Goren

Agent Phone

Office Phone

(617) 710-4408

Text Agent Call Agent Call Office

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EXIT

33 More Photos

Active

39 Spencer Ave, Chelsea MA 02150

$929,000

Annual Expenses for 39 Spencer Ave, Chelsea MA 02150

Annual Income & Unit Breakdown for 39 Spencer Ave, Chelsea MA 02150

General Information for 39 Spencer Ave, Chelsea MA 02150

Disclosures for 39 Spencer Ave, Chelsea MA 02150

Financial Information for 39 Spencer Ave, Chelsea MA 02150

Location Information for 39 Spencer Ave, Chelsea MA 02150

Contact Information for 39 Spencer Ave, Chelsea MA 02150

Agent

Office

Payment Calculator

Exclusive Listing Agent

Sunrise Realty & Investment LLC

Ella Goren