This owner built townhouse property is perfect for an owner occupant wanting plenty of space and quality finishes within a multifamily property. Unit #1 (currently vacant and digitally staged in photography) has three bedrooms with two full baths with natural stained doors and trim. The 2nd apartment home is a two bedroom townhouse, the 3rd is a one bedroom "walk in" apartment at grade. (not a basement unit!) The combination of unit sizes make it perfect for extended family or for additional income. Suffolk Street has seen significant investment in recent years. Many of the homes have been newly built or renovated, and are getting premium rents up to $3,200 because of its convenient waterfront location. This property was previously three condominiums. The buyer may want to recreate the association with the document package that was used previously. This potential option provides added value upon eventual resale. See an attorney and the multiple documents attached.
This home has been viewed 6 times
Last Checked: September 25th, 2026 at 9:13am (Source: MLS PIN #73576989)
Gross Income: $82,020
Gross Expenses: $26,166
Net Income Calc: $55,854
Water Views
Annual Expenses for 18 Suffolk St, Chelsea MA 02150
Total Gross Expenses (Calculated)$26,166/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10866
Annual Income & Unit Breakdown for 18 Suffolk St, Chelsea MA 02150
Total Gross Income (Calculated)$82,020
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit3
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 18 Suffolk St, Chelsea MA 02150
Listing ID73576989
Property TypeMulti Family / 3 Family
Price1090000 ($317.23/SqFt)
Style3 Family - 3 Units Side By Side
CityChelsea
CountySuffolk
Neighborhood(s)
Approximate Living Area Total3436
Approximate Lot Size (Acres)0.09
Total Parking3
Garage Parking0
Year Built1987
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1040
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront Features
Terms
Disclosures for 18 Suffolk St, Chelsea MA 02150
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceMeasured
ExclusionsPersonal Belongings.
Financial Data SourceEstimated
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 18 Suffolk St, Chelsea MA 02150
Real Estate Taxes10866
Tax Year2026
Assessed Value$946,500
Financial Data SourceEstimated
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 18 Suffolk St, Chelsea MA 02150
Elementary SchoolShurtlef School
Middle SchoolBrowne School
High SchoolChelsea High School
Neighborhood(s)
Area Amenities
Contact Information for 18 Suffolk St, Chelsea MA 02150