107 Princeton St, Chelmsford MA 01863

Chelmsford, MA 01863
$1,050,000
$998,000
Est. $6,395/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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0.64
Acres
1858
Year Built
40
Days on Market
For Sale Price Drop -$52,000 Listed Aug 31, 2026 • MLS# 73570059 Copied! • Updated Sep 28, 2026

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About this home

Opportunity knocks for investors, owner-occupants, & entrepreneurs. This unique & versatile property was totally gutted and rehabbed in 1983 ! Property features three residential units plus a separate vacant commercial space, offering flexibility for rental income, business use, or owner occupancy. Unit 1 offers 3 bedrooms and 1 bath and is currently rented for $1,500 per month. Unit 2 offers 2 bedrooms and 1 bath and is currently rented for $1,350 per month. Unit 3 offers 4 bedrooms and 1.5 baths and is currently rented for $2,000 per month. All residential tenants pay their own utilities, have lead-free certificates, and are tenants at will. The fourth unit is vacant commercial space ready for renovation and customization. It includes ample storage, a half bathroom, and central A/C, making it suitable for uses such as a hair or nail salon, professional offices, a plumbing or service business, or studio space, subject to applicable zoning and permitting. With strong income potential and versatile commercial space, this property is an excellent opportunity to live, invest, and operate a business in one location.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5%
Price Range

Property Timeline

↓
Price Reduced
Sep 24, 2026
$998,000 $52,000 (-4.95%)
From $1,050,000 to $998,000 (-5.0%)
🏠
Listed for Sale
Aug 31, 2026
$1,050,000
Original listing
Agent: The Rogers / Melo Team Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2026 $13,786 —

Financial Details

Annual Property Tax
$13,786
Tax Year 2026

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1858
Lot Size 0.64 acres
Gross Income $58,200
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $13,786
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Property Is Not In A Flood Zone, Rear Door Into Commercial Space Is Being Replaced. Buyers And Buyers Agents To Verify All Listing Data
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex

Property Overview

Listing Type
For Sale
Year Built
1858

Floor Layout

Interior Features

Flooring:
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Construction & Materials

Year Built: 1858
Structure Type:
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Roof: Rubber
Foundation:

Heating, Cooling & Utilities

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Exterior & Lot

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Parking & Garage

Parking Features:
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
E

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
M

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
H

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 $0
Property Tax $1,149
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
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 Sep 28, 2026 3:05 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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Steve Novak Real Estate
Steve Novak Real Estate
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