238 Chelsea Street, Everett, MA 02149
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238 Chelsea Street, Everett, MA 02149
238 Chelsea Street, Everett, MA 02149
238 Chelsea Street, Everett, MA 02149
238 Chelsea Street, Everett, MA 02149
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$ 6,100,000
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238 Chelsea Street Everett, MA 02149

26 Beds

26 Baths

15,464 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 15,464 sqft

Price per Sqft $394

MLS Listing ID 73592372

Bedrooms 26

Full Baths 26

Year Built 1970

Annual Tax Amount $48,880

Tax Year 2026

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

Location

State MA

County Middlesex

Zoning DD

Direction GPS

Rooms

Basement Full, Finished

Interior

Flooring Tile

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, T-Station

Utilities Available for Gas Range

Roof Type Rubber

Total Parking Spaces 15

Garage No

Building

Lot Description Other

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community false


Listed by Marcus & Millichap Real Estate Investment Services

Nearby Locations

Kristina Kendig

Kristina Kendig

Agent License ID: 01968013

+1(951) 271-1437

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238 Chelsea Street