107 Princeton St, Chelmsford MA 01863
Chelmsford, MA 01863
$1,050,000
Est. $6,319/month
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About this home
This unique & versatile property offers three residential units plus a fourth vacant commercial space, ready for renovation & customization to suit your needs. The commercial space features plenty of storage, a 1/2 bath & central A/C, with endless possibilities for new business or professional use. Potential uses may include a hair or nail salon, professional offices, plumbing or other service businesses, retail or studio space, and so much more, the three residential units are currently tenants-at-will, providing an investor with the flexibility to adjust rents. All three units have lead-free certificates and separate utilities, helping simplify ownership and management. All this set on a picturesque lot. Whether you're an investor looking to maximize the property's potential, an owner-occupant seeking additional income, or an entrepreneur looking for commercial space, this property offers flexibility, income potential, and plenty of room to bring your vision to life. Don't miss this opportunity to unlock the full potential of this mixed-use property located in the desirable town of Chelmsford !
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 31, 2026
$1,050,000
Original listing
Agent: The Rogers / Melo Team
Office: LAER Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/31/2026 | 🏠 Listed for Sale | $1,050,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,715 | $732,100 |
Financial Details
Annual Property Tax
$9,715
Tax Year 2026
Assessed Value
$732,100
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1858
Living Area
5,000 sq ft
Lot Size
0.64 acres
Stories
7
Bedrooms
9
Full Baths
3
Half Baths
2
Total Rooms
20
Investment Metrics
Units
4
Unit 1 Rent
$1,500/mo · N
Unit 2 Rent
$1,350/mo · N
Unit 3 Rent
$2,000/mo
Unit 4 Rent
— · N
Total Monthly Rent
$4,850/mo
Gross Income
$18,000
Net Operating Income
$18,000
Cap Rate
1.71%
Interior
Heating
Baseboard, Natural Gas, Central, Forced Air
Cooling
None, Central Air
Flooring
Vinyl, Carpet
Appliances
Range, Refrigerator
Fireplace
None
Basement
Walk-out Access
Laundry
Washer Hookup, Dryer Hookup
Features
Lead Certification Available, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Shingle, Rubber
Features
Balcony/deck, Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Paved Drive, Off Street
Total Spaces
15
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, Washer Hookup
Financial
Annual Tax
$9,715
Assessed Value
$732,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
4th Unit Is Vacant And Is Commercial Space, Subject To Applicable Zoning And Town Permitting . Property Is Not In A Flood Zone, Rear Door For Commercial Space Is Being Replaced
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Measured
Documents
None
County
Middlesex
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1858
Bedrooms
9
Full Bathrooms
3
Half Bathrooms
2
Living Area
5,000 sq ft
Total Rooms
20
Stories
7
Levels
7
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,000 sq ft above grade
0 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Carpet
Appliances:
Range, Refrigerator
Interior Features:
Lead Certification Available, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom, Office/Den
Windows:
Basement:
Walk-Out Access
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1858
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle, Rubber
Foundation:
Block, Stone
Stories:
7
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas, Central, Forced Air
Heating Zones:
4
Cooling:
None, Central Air
Cooling Zones:
1
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Balcony
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
15
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Chelmsford School District local
A
School Safety
2024-25
0.7%
Low
0.6%
Suspensions
1.0%
In-School
0.1%
Emergency
4.8% below state avg
Elementary Schools
3 schools
Lighthouse School
0.8 mi
Grades PK-12
B+
Charles D Harrington School
0.8 mi
|
#324 of 825
|
Score: 49.9
Improved 140 spots from last year
-8.3 below state avg
468 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-04
C+
Collegiate Charter School of Lowell
1.0 mi
|
#243 of 346
|
Score: 47.6
Improved 22 spots from last year
-10.6 below state avg
1,205 students
Very Diverse
Rising School
College Ready Curriculum
Diverse Student Body
Strong Attendance
Grades K-12
Middle Schools
3 schools
A-
Colonel Moses Parker School
1.1 mi
|
#227 of 825
|
Score: 53.3
Dropped 83 spots from last year
-4.9 below state avg
817 students
Diverse
Strong Attendance
Grades 05-06
A-
McCarthy Middle School
1.2 mi
|
#81 of 352
|
Score: 51.7
Improved 23 spots from last year
-6.5 below state avg
801 students
Diverse
Rising School
Strong Attendance
Grades 07-08
C+
Dr. An Wang School
1.7 mi
|
#249 of 352
|
Score: 36.2
Improved 44 spots from last year
-22 below state avg
669 students
Very Diverse
Rising School
Diverse Student Body
Grades 05-08
High Schools
3 schools
A
Chelmsford High School
0.9 mi
|
#62 of 346
|
Score: 65.7
Dropped 40 spots from last year
+7.5 above state avg
1,442 students
Diverse
20 sports
• 2,624 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
B-
Greater Lowell Regional Vocational Technical School
1.4 mi
|
#178 of 346
|
Score: 53.7
Improved 133 spots from last year
-4.5 below state avg
2,312 students
Very Diverse
High Graduation Rate
Rising School
Career Tech Programs
Diverse Student Body
Grades 09-12
F
The Career Academy
2.8 mi
|
#25 of 25
|
Score: 18.1
Improved 363 spots from last year
-40.1 below state avg
108 students
Diverse
Rising School
Diverse Student Body
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$810
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
107 Princeton St, Chelmsford MA 01863
Chelmsford, MA 01863
Listing Information
Listing Agent
The Rogers / Melo Team
Listing Office
LAER Realty Partners
Office Phone
978-251-8221
Agent MLS ID
TM314895
Office MLS ID
AN1199
Listing Data Updated
Aug 31, 2026 11:40 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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