Exceptional Investment Opportunity in the Heart of Chelsea! Welcome to an outstanding multifamily investment opportunity ideally located in one of Greater Boston's most sought areas.This impressive three-family property offers approximately 4,185 square feet of living space and features three spacious residential units, providing investors with immediate income-producing potential and opportunities for future growth. With its classic architectural character, substantial layout, and desirable location, this property is perfectly suited for investors seeking to expand their portfolio or owner-occupants looking to live in one unit while generating rental income from the others. Each unit offers generous bedroom accommodations, functional living spaces, and the flexibility today's tenants desire. The property's full basement provides valuable additional storage and potential for future conversion as accessory dwelling unit, subject to applicable zoning and permitting requirements. Located in the vibrant city of Chelsea, this property benefits from convenient access to major highways, public transportation, Boston Logan International Airport, and downtown Boston. Chelsea continues to attract residents and investors due to its proximity to Boston, strong rental demand, diverse community, and ongoing revitalization.
This home has been viewed 24 times
Last Checked: September 18th, 2026 at 7:38am (Source: MLS PIN #73578055)
Gross Income: $0
Gross Expenses: $10,795
Net Income Calc: $10,795
Water Views
Annual Expenses for 128 Shurtleff St, Chelsea MA 02150
Total Gross Expenses (Calculated)$10,795/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10795
Annual Income & Unit Breakdown for 128 Shurtleff St, Chelsea MA 02150
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms4
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
General Information for 128 Shurtleff St, Chelsea MA 02150
Listing ID73578055
Property TypeMulti Family / 3 Family
Price1299000 ($310.39/SqFt)
Style3 Family
CityChelsea
CountySuffolk
Neighborhood(s)
Approximate Living Area Total4185
Approximate Lot Size (Acres)0.06
Total Parking0
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 128 Shurtleff St, Chelsea MA 02150
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSee Listing Broker
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 128 Shurtleff St, Chelsea MA 02150
Real Estate Taxes10795
Tax Year2026
Assessed Value$940,300
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 128 Shurtleff St, Chelsea MA 02150
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 128 Shurtleff St, Chelsea MA 02150