Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14,810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475, a difference of $637 per unit per month.
Listed By
Agency Name: Northeast Private Client Group, LLC
Agency Phone: 857-990-6800
Agent Name: Drew Kirkland
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 23,647.37 per month $17,804.53 Principal & Interest $3,509.50 Property Tax $2,333.33 Homeowner's Insurance
238 Chelsea Street | MLS# 73479682
This multi-family property located at 238 Chelsea Street, Everett, MA 02149 is currently listed for sale with an asking price of $8,000,000. Search Everett real estate on www.masiellogrouprealestate.com today.