Fantastic opportunity for a fully renovated 2 unit rental asset with each unit deeded separately as condo units. 2005 condo conversion / full renovation. With rental value of approximately $3,500/month, less taxes and insurance realize a cap rate of 6.5% right at the start! A great opportunity for a 1031 exchange buyer or an investor seeking substantial income, low management and an affordable price point. Proximity to downtown Boston and points north and a recently approved Silver Line expansion create solid rental opportunities, turn key, delivered vacant. Property being sold as two separate deeds.
Off market
Zestimate®
$943,900
120 Williams St, Chelsea, MA 02150
5beds
4baths
2,885sqft
MultiFamily
Built in 1900
-- sqft lot
$943,900 Zestimate®
$327/sqft
$4,224 Estimated rent
Owner options
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Estimated market value
$943,900