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Taylor Made Properties
238 Chelsea Street, Everett, MA 02149
- $6,100,000
- 26
- BD
- 26
- BA
- 15,464
- SqFt
- List Price
- $6,100,000
- Status
- NEW
- MLS#
- 73592372
- Bedrooms
- 26
- Bathrooms
- 26
- Full Baths
- 26
- Living Area
- 15,464
- Lot Size (Acres)
- 0.34
- Year Built
- 1970
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.
Additional Information
- Taxes
- $48,880
- Parking Description
- Off Street, Driveway
- Lot Description
- Other
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Tony Pepdjonovic from Listing Office: Marcus & Millichap Real Estate Investment Services.
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