23-25 Division St, Chelsea MA 02150 – 8 bed 6 bath For Sale – 73352092
Overview
- Updated On:
- April 10, 2025
-
- 73352092
- 8 Bedrooms
- 5 Bathrooms
- 0 Garage Spaces
- 0 Non-Garage Parking Spaces
- 1900
Description
23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.
This property is listed by Dennis Kelleher from Horvath & Tremblay
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 1,325,000 |
| Living Area | 3,435.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 18 |
|---|---|
| Listing MLS ID | 73352092 |
| Days on Market | 10 |
| Bathrooms | 5 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 4 |
| Half Bathrooms | 2 |
| Cooling | |
| Heating | |
| Uncovered Parking | 0 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | |
| Parking Features | |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 5 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Beach Front,1/2 to 1 Mile To Beach |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof | Rubber |
Additional Details
| Community Features | |
|---|---|
| Disclosures | |
| Last Updated | 2025-04-10T11:29:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | |
| Original List Price | 1325000 |
| Listing Office | horvath & tremblay |
| Tax Annual Amount | 18235 |
|---|---|
| Tax Assessed Value | 1132600 |
| Tax Book Number | 49564 |
| Tax Year | 2025 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | W |
| Listing Agent | dennis kelleher |
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23-25 Division St, Chelsea MA 02150 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
23-25 Division St, Chelsea MA 02150 – 8 bed 6 bath For Sale – 73352092
$ 1,325,000
Status: Active
23-25 Division St, Chelsea MA 02150, Chelsea, , Suffolk 02150
Country: US
Property Overview
MLS #: 73352092
Type: 5-9 Family /
Action: Residential Income
Year Built: 1900 (Approximate, Source: Public Records, Effective: )
Living Area: 3,435.00 ft2 (Total: 3435 Square Feet, Source: Public Records)
Lot Size: 0.05 ft2 (Area: 0.05 Acres, SqFt: 2178)
Total Rooms: 18
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 5 (Full: 4, Half: 2, Decimal: 5, Main Level: )
Basement:
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Other (Area: )
Roof: Rubber
Stories: 8 (8)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: Individually Metered (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 0
Parking Features:
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Corner Lot
View: (, Waterview Y/N: )
Waterfront: Beach Front,1/2 to 1 Mile To Beach
Road Frontage: ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features:
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: W ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 5
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2050, Lease: Y
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1875, Lease: Y
Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2050, Lease: Y
Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1950, Lease: Y
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 18235 (Year: 2025)
Tax Assessed Value: 1132600
Tax Block/Lot/Book/Map: / / 49564 /
Parcel Number:
Special Licenses:
Current Financing:
Gross Income: 153740 (Scheduled: )
Net Operating Income: 105383
Operating Expense: 48357 (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: Yes
Tenant Pays:
Rent Includes:
Total Actual Rent: 12582
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Dennis Kelleher (MLS ID: TM359859) / Team: CN212671,CN212669
Listing Office: Horvath & Tremblay (MLS ID: AN2723)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-31
Expiration Date: 1900-01-01
Original List Price: 1325000
Price Per SqFt (List): 385.74
Market Time (Property): 10 (Broker: 10, Prev Broker: 0, Prev Property: 0)
MLS Status: Active
Possession:
Directions: Please use GPS
Disclosures: , N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 86)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 1964038
Modification Timestamp: 2025-04-10T11:29:00.000Z
Bridge Modification Timestamp: 2025-04-10T11:31:45.123Z
Original Entry Timestamp: 2025-03-31T13:53:00.000Z
Status Change Timestamp: 2025-03-31T13:53:00.000Z
Off Market Date:
Development Status:
Business Type:
