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148 Walnut St, Chelsea MA 02150

$1,125,000

Estimated $2,819/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $375,000

Total Rent: 120000/year

Estimated CAP Rate:

8 Bedrooms

Baths

3000

Total Parking: 0

1,428 (0.03)

Fully gut-renovated, condo-quality three-family property conveniently located just off Route 1, offering easy access to the Tobin Bridge and Downtown Boston.UNIT LAYOUTS: The property features two spacious three-bedroom residences, each with additional space suitable for a home office or potential fourth bedroom. The first-floor residence offers two bedrooms plus a dedicated home office. The top-floor three-bedroom unit has been intentionally vacated, providing an excellent opportunity for owner-occupancy or additional rental income.Each residence features luxury vinyl plank flooring, granite countertops, stainless steel Amana appliances, gas ranges, dishwashers, and updated bathrooms with quality fixtures and tile flooring.Major improvements include a new roof, windows, electrical systems, and Navien tankless heating and hot water systems. Additional amenities include coin-operated laundry and individual basement storage.A turnkey investment opportunity offering modern finishes, extensive capital improvements, and owner-occupancy flexibility.

This home has been viewed 6 times

Last Checked: October 24th, 2026 at 6:58pm (Source: MLS PIN #73594726)

Gross Income: $120,000

Gross Expenses: $11,935

Net Income Calc: $108,065

Water Views

Annual Expenses for 148 Walnut St, Chelsea MA 02150

Total Gross Expenses (Calculated)$11,935/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11935

Annual Income & Unit Breakdown for 148 Walnut St, Chelsea MA 02150

Total Gross Income (Calculated)$120,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 148 Walnut St, Chelsea MA 02150

Listing ID73594726

Property TypeMulti Family / 3 Family

Price1125000 ($375/SqFt)

Style3 Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3000

Approximate Lot Size (Acres)0.03

Total Parking0

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Area9999

Foundation Description

Accessible Features

Outdoor Space

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 148 Walnut St, Chelsea MA 02150

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 148 Walnut St, Chelsea MA 02150

Real Estate Taxes11935

Tax Year2026

Assessed Value$1,039,600

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 148 Walnut St, Chelsea MA 02150

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 148 Walnut St, Chelsea MA 02150

Agent

Name: Dan Pouladian

Office

Name: North Shore Realty Advisors

Phone: 617-548-7737

Team Members

Name: Sara Pouladian

Payment Calculator

, Interest

Property Taxes 994.58

Principal & Interest 6931.89

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian

Agent Phone

Office Phone

(617) 548-7737

Text Agent Call Agent Call Office

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EXIT

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Active

148 Walnut St, Chelsea MA 02150

$1,125,000

Annual Expenses for 148 Walnut St, Chelsea MA 02150

Annual Income & Unit Breakdown for 148 Walnut St, Chelsea MA 02150

General Information for 148 Walnut St, Chelsea MA 02150

Disclosures for 148 Walnut St, Chelsea MA 02150

Financial Information for 148 Walnut St, Chelsea MA 02150

Location Information for 148 Walnut St, Chelsea MA 02150

Contact Information for 148 Walnut St, Chelsea MA 02150

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

North Shore Realty Advisors

Dan Pouladian