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Sold for $920,000
  • $920,000

    225 Chestnut St, Chelsea, MA 02150

    8beds
    3,528sqft
    3 Family
    Built in 1920
    -- sqft lot
    $1,000,800 Zestimate®
    $261/sqft
    $2,441 Estimated rent

    Home value

    $1,000,800

    $931,000 - $1.09M

    $2,441/mo

    Zestimate® history
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    $2,441/mo

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    $5,225/mo

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    What's special

    Investment/Development Package Deal! This offering includes a fully rented and stabilized three family along with a separately deeded and assessed vacant parcel of land. This brick building is located close to Broadway restaurants, shopping, and public transportation. Easy access to downtown Boston or points north via Tobin Bridge makes this a perfect commuter location for prospective tenants. There is also a public parking lot located directly across the street from the building. The first floor is a 2 bedroom while second and third floors are three bedrooms. All units are ample size and have updated kitchens and bathrooms. Separate utilities for units as well. The 2,250 SF vacant parcel of land is located behind the property at 192 Cherry Street which is a public street. Bring your ideas to this currently underutilized piece of land!

    Zillow last checked: 8 hours ago

    Listing updated: December 07, 2023 at 01:17pm

    Listed by:

    Thomas Mario 978-375-5049,

    Century 21 Mario Real Estate 617-569-6044

    Bought with:

    Saul Perlera

    Perlera Real Estate

    Source: MLS PIN,MLS#: 73130074

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,528
    • Total interior livable area: 3,528 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 1,361 sqft
    • Features: Other
    Details
    • Parcel number: M:038 P:020,1287683
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Sidewalks
    Location
    • Region: Chelsea

    HOA & financial

    Other financial information
    • Total actual rent: 6950

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/7/2023Sold$920,000-12.4%$261/sqft
    Source: MLS PIN #73130074 Report a problem
    6/27/2023Listed for sale$1,050,000+51.1%$298/sqft
    Source: MLS PIN #73130074 Report a problem
    7/16/2019Listing removed$2,300$1/sqft
    Source: Toner Real Estate Report a problem
    6/22/2019Price change$2,300-4.2%$1/sqft
    Source: Toner Real Estate Report a problem
    6/6/2019Price change$2,400-11.1%$1/sqft
    Source: Toner Real Estate Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,078 -17.5%$875,600 -14.7%
    2024$12,213 -11.2%$1,026,300 -7.6%
    2023$13,757 -1.1%$1,111,200 +5.8%

    Find assessor info on the county website

    Neighborhood: 02150

    Nearby schools

    GreatSchools rating
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    Estimated market value$1,000,800
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    Estimated market value
    $1,000,800