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Active

148 Congress Ave, Chelsea MA 02150

$1,090,000

Estimated $2,698/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $363,333.33

Total Rent: 76800/year

Estimated CAP Rate:

11 Bedrooms

Baths

3924

Total Parking: 0

3,325 (0.08)

Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.

This home has been viewed 10 times

Last Checked: July 25th, 2026 at 6:23pm (Source: MLS PIN #73554885)

Gross Income: $76,800

Gross Expenses: $11,165

Net Income Calc: $65,635

Annual Expenses for 148 Congress Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$11,165/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11165

Annual Income & Unit Breakdown for 148 Congress Ave, Chelsea MA 02150

Total Gross Income (Calculated)$76,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 148 Congress Ave, Chelsea MA 02150

Listing ID73554885

Property TypeMulti Family / 3 Family

Price1090000 ($277.78/SqFt)

Style3 Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3924

Approximate Lot Size (Acres)0.08

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 148 Congress Ave, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

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 148 Congress Ave, Chelsea MA 02150

Real Estate Taxes11165

Tax Year2026

Assessed Value$972,600

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 148 Congress Ave, Chelsea MA 02150

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 148 Congress Ave, Chelsea MA 02150

Agent

Name: Luis Tejada

Office

Name: Century 21 North East

Phone: 617-889-2020

Payment Calculator

, Interest

Property Taxes 930.42

Principal & Interest 6716.23

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Luis Tejada

Agent Phone

Office Phone

(617) 889-2020

Text Agent Call Agent Call Office

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EXIT

Active

148 Congress Ave, Chelsea MA 02150

$1,090,000

Annual Expenses for 148 Congress Ave, Chelsea MA 02150

Annual Income & Unit Breakdown for 148 Congress Ave, Chelsea MA 02150

General Information for 148 Congress Ave, Chelsea MA 02150

Disclosures for 148 Congress Ave, Chelsea MA 02150

Financial Information for 148 Congress Ave, Chelsea MA 02150

Location Information for 148 Congress Ave, Chelsea MA 02150

Contact Information for 148 Congress Ave, Chelsea MA 02150

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 North East

Luis Tejada