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Active

24 Chelmsford St, Chelmsford MA 01824

$1,200,000

Estimated $2,700/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $300,000

Total Rent: 106200/year

Estimated CAP Rate:

7 Bedrooms

Baths

3760

Total Parking: 11

10,560 (0.24)

Rare opportunity in the heart of Chelmsford Center! Set directly along the Bruce Freeman Rail Trail, this distinctive, well-maintained four-unit multifamily blends timeless character with thoughtful updates in a location close to restaurants, shops, public transportation, and everyday conveniences. Featuring a studio, a one-bedroom apartment, and two spacious two-bedroom apartments, all currently tenant-occupied, the property offers an appealing mix of residential layouts complemented by additional office space. Stainless steel appliances and tile backsplashes enhance the kitchens in Units 1- 3, while heated bathroom floors in Units 2 and 3 add a welcome touch of comfort. Unit 2 also features a primary bathroom with a shower. A full basement provides valuable storage, and ample off-street parking adds to the property's everyday convenience. Recent improvements include a new driveway and hardscaping in 2023, a new side porch in 2026, replacement basement drainage pipes in 2022, and a new steam boiler for Unit 4 in 2025. Each residential unit is separately metered for electric and gas. The owner pays water/sewer, hot water, and basement/common-area electric, which is served by a separate owner-paid panel. A separate owner-paid gas meter supplies the on-demand water heaters serving all four units. With established occupancy, appealing interior features, and a central location that connects residents to both downtown amenities and miles of walking and biking trails, this property presents a compelling investment opportunity. Additional office space, generous parking, and convenient access to major routes further enhance its versatility and appeal. Make your next investment a property that brings together character, convenience, and opportunity in the heart of Chelmsford Center.

This home has been viewed 7 times

Last Checked: October 19th, 2026 at 7:28am (Source: MLS PIN #73590882)

Gross Income: $106,200

Gross Expenses: $20,926

Net Income Calc: $85,274

Water Views

Annual Expenses for 24 Chelmsford St, Chelmsford MA 01824

Total Gross Expenses (Calculated)$20,926/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9050

Annual Income & Unit Breakdown for 24 Chelmsford St, Chelmsford MA 01824

Total Gross Income (Calculated)$106,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 24 Chelmsford St, Chelmsford MA 01824

Listing ID73590882

Property TypeMulti Family / 4 Family

Price1200000 ($319.15/SqFt)

Style4 Family

CityChelmsford

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3760

Approximate Lot Size (Acres)0.24

Total Parking11

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningCV

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 24 Chelmsford St, Chelmsford MA 01824

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSurveillance Devices

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 24 Chelmsford St, Chelmsford MA 01824

Real Estate Taxes9050

Tax Year2026

Assessed Value$682,000

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 24 Chelmsford St, Chelmsford MA 01824

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 24 Chelmsford St, Chelmsford MA 01824

Agent

Name: Christian Doherty

Office

Name: Doherty Properties

Phone: 978-746-0124

Payment Calculator

, Interest

Property Taxes 754.17

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Doherty Properties

Christian Doherty

Agent Phone

Office Phone

(978) 746-0124

Text Agent Call Agent Call Office

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EXIT

3 More Photos

Active

24 Chelmsford St, Chelmsford MA 01824

$1,200,000

Annual Expenses for 24 Chelmsford St, Chelmsford MA 01824

Annual Income & Unit Breakdown for 24 Chelmsford St, Chelmsford MA 01824

General Information for 24 Chelmsford St, Chelmsford MA 01824

Disclosures for 24 Chelmsford St, Chelmsford MA 01824

Financial Information for 24 Chelmsford St, Chelmsford MA 01824

Location Information for 24 Chelmsford St, Chelmsford MA 01824

Contact Information for 24 Chelmsford St, Chelmsford MA 01824

Agent

Office

Payment Calculator

Exclusive Listing Agent

Doherty Properties

Christian Doherty