BEDS7
BATHS4 full 2 partial
SQUARE FEET4,060
MLS#73456489
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9??11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the propertys long-term upside.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.05 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $18,234
Year Built: 1915
Amenities
Rain Gutters
Other
Feature Descriptions
Building Area Total: 4060
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 150
Dwelling Type: 5-9 Family
Electric: 110 Volts, Other (See Remarks)
Exterior: Frame
Flooring: Wood, Tile, Vinyl
Lot Features: Corner Lot, Other
Parking Total: 0
Rooms Total: 18
Sewer: Public Sewer
Units: 3
Utilities: for Gas Oven
Water: Public
Listed By / Shown By
Listed By
Agency Name: NextGen Realty, Inc.
Agency Phone: 617-208-2100
Agent Name: Zachary Conley
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,789.39 per month $2,891.01 Principal & Interest $1,519.50 Property Tax $378.88 Homeowner's Insurance
11 Williams Street | MLS# 73456489
This multi-family property located at 11 Williams Street, Chelsea, MA 02150 is currently listed for sale with an asking price of $1,299,000. Search Chelsea real estate on www.masiellogrouprealestate.com today.