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31 Library St, Chelsea MA 02150

$850,000

Estimated $2,199/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $283,333.33

Total Rent: 87600/year

Estimated CAP Rate:

8 Bedrooms

Baths

3153

Total Parking: 0

1,956 (0.04)

Unbelievable investment opportunity less than three miles from beautiful downtown Boston! Located in the heart of Chelsea and just 2.25 miles over the historic Tobin from downtown!! This turnkey, rock-solid 3-family home is the perfect addition to your portfolio or could be an ideal owner-occupant setup. Finding a classic multi-family property in this location at this price point so close to the city is truly unheard of! The property features a highly rental-friendly layout: a spacious 2-bedroom unit on the 1st floor, and massive 3-bedroom units on both the 2nd and 3rd floors. Upgrades include a modern updated 3rd-floor unit that can be delivered vacant, perfect for an owner-occupant looking to live for next to nothing or a landlord ready to set market rent immediately!! All units feature strong rental history with current tenants on flexible month-to-month agreements. The property boasts well-maintained, good systems throughout, offering true peace of mind for the next savvy buyer. Don't miss your chance to own a classic Chelsea cash-flowing 3-decker under $850k with unbeatable proximity to Boston. Won't last!!!

This home has been viewed 2 times

Last Checked: October 26th, 2026 at 7:58am (Source: MLS PIN #73594925)

Gross Income: $87,600

Gross Expenses: $9,850

Net Income Calc: $77,750

Water Views

Annual Expenses for 31 Library St, Chelsea MA 02150

Total Gross Expenses (Calculated)$9,850/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9850

Annual Income & Unit Breakdown for 31 Library St, Chelsea MA 02150

Total Gross Income (Calculated)$87,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

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 31 Library St, Chelsea MA 02150

Listing ID73594925

Property TypeMulti Family / 3 Family

Price850000 ($269.58/SqFt)

Style3 Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total3153

Approximate Lot Size (Acres)0.04

Total Parking0

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR3

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 31 Library St, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Tenant Possessions

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 31 Library St, Chelsea MA 02150

Real Estate Taxes9850

Tax Year2026

Assessed Value$858,000

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 31 Library St, Chelsea MA 02150

Elementary SchoolPer Board Of Ed

Middle SchoolPer Board Of Ed

High SchoolPer Board Of Ed

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 31 Library St, Chelsea MA 02150

Agent

Name: Team ROVI

Office

Name: Real Broker MA, LLC

Phone: 413-273-1381

Team Members

Payment Calculator

, Interest

Property Taxes 820.83

Principal & Interest 5237.43

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Real Broker MA, LLC

Team ROVI

Agent Phone

Office Phone

(413) 273-1381

Text Agent Call Agent Call Office

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    [unparsed] => 31 Library St, Chelsea MA 02150
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EXIT

Active

31 Library St, Chelsea MA 02150

$850,000

Annual Expenses for 31 Library St, Chelsea MA 02150

Annual Income & Unit Breakdown for 31 Library St, Chelsea MA 02150

General Information for 31 Library St, Chelsea MA 02150

Disclosures for 31 Library St, Chelsea MA 02150

Financial Information for 31 Library St, Chelsea MA 02150

Location Information for 31 Library St, Chelsea MA 02150

Contact Information for 31 Library St, Chelsea MA 02150

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Real Broker MA, LLC

Team ROVI