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Active Under Contract

86 Grove St, Chelsea MA 02150

$859,000

Estimated $2,033/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $286,333.33

Total Rent: 67200/year

Estimated CAP Rate:

6 Bedrooms

Baths

2343

Total Parking: 0

1,750 (0.04)

Prime location at the top of the hill in flourishing Bellingham Square. This well-maintained 3-family property offers an excellent opportunity for investors, owner-occupants, or buyers looking for strong rental potential in one of Chelsea’s most convenient locations. Enjoy easy highway access and close proximity to the Chelsea Greenway, bus routes, Silver Line, walking and bike paths, making commuting and everyday access simple.Each of the three units features 2 bedrooms, spacious living areas, eat-in kitchens, and private deck space with great views. The property also offers access to the backyard, adding outdoor flexibility for tenants or owner use. Recent updates include renovated bathrooms, a new furnace, and newer water heaters, giving buyers confidence in key system improvements.With all leases currently tenancy at will, this property provides added flexibility for future ownership plans, rental adjustments, or potential owner occupancy.

This home has been viewed 7 times

Last Checked: July 30th, 2026 at 10:08am (Source: MLS PIN #73545892)

Gross Income: $67,200

Gross Expenses: $7,676

Net Income Calc: $59,524

Water Views

Annual Expenses for 86 Grove St, Chelsea MA 02150

Total Gross Expenses (Calculated)$7,676/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7676

Annual Income & Unit Breakdown for 86 Grove St, Chelsea MA 02150

Total Gross Income (Calculated)$67,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit3

Rent Includes

General Information for 86 Grove St, Chelsea MA 02150

Listing ID73545892

Property TypeMulti Family / 3 Family

Price859000 ($366.62/SqFt)

Style3 Family - 3 Units Up/down

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total2343

Approximate Lot Size (Acres)0.04

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual,Approximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 86 Grove St, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher / Dryer

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 86 Grove St, Chelsea MA 02150

Real Estate Taxes7676

Tax Year2026

Assessed Value$668,600

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 86 Grove St, Chelsea MA 02150

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 86 Grove St, Chelsea MA 02150

Agent

Name: Guy Contaldi

Office

Name: REMAX Andrew Realty Services

Phone: 781-395-7676

Payment Calculator

, Interest

Property Taxes 639.67

Principal & Interest 5292.88

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

REMAX Andrew Realty Services

Guy Contaldi

Agent Phone

Office Phone

(781) 395-7676

Text Agent Call Agent Call Office

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EXIT

7 More Photos

Active Under Contract

86 Grove St, Chelsea MA 02150

$859,000

Annual Expenses for 86 Grove St, Chelsea MA 02150

Annual Income & Unit Breakdown for 86 Grove St, Chelsea MA 02150

General Information for 86 Grove St, Chelsea MA 02150

Disclosures for 86 Grove St, Chelsea MA 02150

Financial Information for 86 Grove St, Chelsea MA 02150

Location Information for 86 Grove St, Chelsea MA 02150

Contact Information for 86 Grove St, Chelsea MA 02150

Agent

Office

Payment Calculator

Exclusive Listing Agent

REMAX Andrew Realty Services

Guy Contaldi