Prime Investment Opportunity - Fully Occupied 9-Unit Victorian on 2.5 Acres!
This exceptional income-producing property features a beautifully maintained Victorian-style building with nine rental units—a mix of studios, four 1-bedroom units, and one spacious 2-bedroom apartment with open-concept kitchens. Situated on 2.5 acres, the property offers ample off-street parking for 15 cars, a coin-operated laundry, and a storage shed for added convenience.
Key updates include a new natural gas furnace (to be installed) and a roof replacement in 2013. With full occupancy and strong rental demand, this is a turn-key opportunity for any savvy investor.
For sale
$1,125,000
465 Chapel St, Lee, MA 01238
7beds
5,690sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
New natural gas furnaceBeautifully maintained victorian-style buildingCoin-operated laundryAmple off-street parkingOpen-concept kitchens
- 56 days
- on Zillow |
- 316 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: March 06, 2025 at 07:11am
Listed by:
Christian G Deckert 413-841-2813,
WILLIAM PITT SOTHEBY'S - GT BARRINGTON
Source: BCMLS,MLS#: 245624

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Nat Gas, Furnace
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: In Basement, Coin Op
Features
- Flooring: Linoleum, Wood
- Basement: Exterior Entry,Unfinished,Interior Entry,Concrete,Bulk head
Interior area
- Total structure area: 5,690
- Total interior livable area: 5,690 sqft
Property
Parking
- Parking features: Off Street, Paved Drive
Accessibility
- Accessibility features: Accessible Bedroom, 1st Flr Bdrm w/Bath, Accessible Full Bath
Features
- Exterior features: Lighting
Lot
- Size: 2.5 Acres
Details
- Additional structures: Outbuilding
- Zoning description: Multi, Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Roof: Membrane,Asphalt
Condition
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Private
Community & HOA
Location
- Region: Lee
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $716,900
- Annual tax amount: $8,058
- Date on market: 3/1/2025
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