Welcome to 31 Franklin Ave, a spacious Chelsea two-family that was substantially rebuilt in 2012 following a fire, giving buyers the benefit of a much newer-feeling property within a classic multi-family setup. Each unit offers 3 bedrooms, 1 full bath, hardwood floors, central heat and air, generous living space, and open kitchen and dining areas. Both units will be delivered vacant, giving the next owner the flexibility to move right in, place their own tenants, or house hack from day one. With nearly 2,500 sq. ft. of living area, a full basement, city water and sewer, and convenient access to public transportation, shopping, highways and nearby amenities, this is a strong opportunity for both owner-occupants and investors looking for a well-maintained Chelsea two-family.
This home has been viewed 6 times
Last Checked: September 24th, 2026 at 4:29am (Source: MLS PIN #73570594)
Gross Income: $0
Gross Expenses: $9,588
Net Income Calc: $9,588
Annual Expenses for 31 Franklin Ave, Chelsea MA 02150
Total Gross Expenses (Calculated)$9,588/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9588
Annual Income & Unit Breakdown for 31 Franklin Ave, Chelsea MA 02150
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 31 Franklin Ave, Chelsea MA 02150
Listing ID73570594
Property TypeMulti Family
Price889900 ($357.96/SqFt)
StyleMulti Family
CityChelsea
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2486
Approximate Lot Size (Acres)0.09
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 31 Franklin Ave, Chelsea MA 02150
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
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 31 Franklin Ave, Chelsea MA 02150
Real Estate Taxes9588
Tax Year2026
Assessed Value$835,200
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 31 Franklin Ave, Chelsea MA 02150
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 31 Franklin Ave, Chelsea MA 02150