Discover an exceptional investment opportunity at 94 Chelsea Street in East Boston! Priced at $899,900, this three-family property offers strong income potential in a desirable Boston neighborhood.Even more exciting is the potential to convert the property into a legal four-family, similar to the nearly identical property immediately to the left. If feasible and approved by the appropriate city departments, this could create an additional income-producing unit and further enhance the property's long-term value.The property will be delivered completely vacant, free of all occupants and tenants, giving the new owner a clean slate to execute their investment strategy without the complications of existing tenancies.Whether you're an experienced investor looking to maximize rental income, pursue a condo conversion, an owner-occupant seeking to offset your mortgage, or an investor pursuing value-add opportunities, this property offers multiple avenues to build equity and long-term wealth.Conveniently located near local amenities, restaurants, public transportation, and major commuter routes, 94 Chelsea Street presents an opportunity to capitalize on East Boston's strong real estate market.Three units today, with the potential for four. Delivered vacant. Endless possibilities. Bring your vision and explore the opportunity!
This home has been viewed 5 times
Last Checked: October 22nd, 2026 at 6:18pm (Source: MLS PIN #73593279)
Gross Income: $0
Gross Expenses: $12,507
Net Income Calc: $12,507
Annual Expenses for 94 Chelsea St, Boston MA 02128
Total Gross Expenses (Calculated)$12,507/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12507
Annual Income & Unit Breakdown for 94 Chelsea St, Boston MA 02128
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 94 Chelsea St, Boston MA 02128
Listing ID73593279
Property TypeMulti Family / 3 Family
Price899900 ($347.45/SqFt)
Style3 Family
CityBoston
CountySuffolk
MLS AreaEast Boston
Neighborhood(s)
Approximate Living Area Total2590
Approximate Lot Size (Acres)0.03
Total Parking3
Garage Parking0
Year Built1900
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 SpaceCovered
ZoningR3
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 94 Chelsea St, Boston MA 02128
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 94 Chelsea St, Boston MA 02128
Real Estate Taxes12507
Tax Year2026
Assessed Value$1,008,600
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 94 Chelsea St, Boston MA 02128
Neighborhood(s)
MLS AreaEast Boston
Area AmenitiesWalk/jog Trails
Contact Information for 94 Chelsea St, Boston MA 02128