148 Congress Ave, Chelsea MA 02150

Chelsea, MA 02150
$1,090,000
Est. $6,642/month
11
Beds
3
Baths
3,924
Sq Ft
$278
Price/Sq Ft
0.08
Acres
1920
Year Built
4 hours 31 minutes
Time on Market
Active Open House Listed Jul 24, 2026 • MLS# 73554885 Copied! • Updated Jul 24, 2026

Open House Schedule

26
Jul
Sunday, July 26
12:00 PM - 2:00 PM EDT

About this home

Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 25, 2026
$1,090,000
Original listing
Agent: Luis Tejada Office: Century 21 North East

Tax History

Year Taxes Assessment
2026 $11,165 $972,600

Financial Details

Annual Property Tax
$11,165
Tax Year 2026
Assessed Value
$972,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 3,924 sq ft
Lot Size 0.08 acres
Bedrooms 11
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $1,900/mo · N
Unit 2 Rent $2,100/mo · N
Unit 3 Rent $2,400/mo · N
Total Monthly Rent $6,400/mo
Gross Income $76,800
Net Operating Income $76,800
Cap Rate 7.05%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,165
Assessed Value $972,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
11
Full Bathrooms
3
Living Area
3,924 sq ft
Total Rooms
17
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Concrete Perimeter, Stone, Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $930
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

148 Congress Ave, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Luis Tejada
Listing Office Century 21 North East
Office Phone 617-889-2020
Agent MLS ID BB900328
Office MLS ID AN4342
Listing Data Updated Jul 24, 2026 10:54 PM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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148 Congress Ave, Chelsea MA 02150 - Photo 1 148 Congress Ave, Chelsea MA 02150 - Photo 2 148 Congress Ave, Chelsea MA 02150 - Photo 3
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BMN Boston Real Estate

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