148 Congress Ave, Chelsea MA 02150

Chelsea, MA 02150
$985,000
Est. $6,111/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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11
Beds
3
Baths
3,924
Sq Ft
$251
Price/Sq Ft
0.08
Acres
1920
Year Built
New today
Time on Market
For Sale Listed Nov 2, 2026 • MLS# 73597679 Copied! • Updated Nov 2, 2026

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About this home

**Exceptional Three-Family Investment Opportunity in Chelsea!**Don't miss this outstanding opportunity to own a spacious, well-maintained, and extensively updated three-family property in one of Chelsea's most convenient locations!Offering an impressive **11 bedrooms across three generously sized units**, this property features a three-bedroom first-floor apartment and two four-bedroom apartments on the second and third floors—an ideal combination for investors seeking strong rental income or owner-occupants looking to offset their mortgage with rental revenue.A standout feature is the property's **lead compliance certificates**, providing a significant advantage in today's rental market, particularly for families with young children.Additional highlights include numerous improvements over the years, a spacious backyard ideal for outdoor enjoyment, a full-size basement offering abundant storage, and strong existing rental income with potential for future growth.Conveniently situated near public transportation, schools, shopping, restaurants, parks, and major commuting routes, this property offers the accessibility and everyday conveniences that tenants value.**Whether you're expanding your investment portfolio or looking to build long-term wealth through owner-occupancy, this Chelsea three-family offers space, income potential, and lasting value.****Opportunities like this deserve a closer look. Schedule your private showing today!**

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 2, 2026
$985,000
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
Stories 3
Bedrooms 11
Full Baths 3
Total Rooms 17

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · N
Unit 2 Rent $2,100/mo · N
Unit 3 Rent $2,400/mo · N
Total Monthly Rent $7,000/mo
Gross Income $84,000
Net Operating Income $84,000
Cap Rate 8.53%
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
Lead Paint Certified Treated
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 100 days

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

Floor Layout

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

Utilities & Systems

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
School District
Chelsea School District local
C-
⚠ School Safety 2024-25
5.2% Above Average
2.9% Suspensions 1.7% In-School 2.3% Emergency
↓ 0.3% below state avg
E

Elementary Schools

3 schools
Shurtleff Early Childhood School
0.2 mi
769 students Less Diverse
Grades PK-01
St. Rose Elementary School
0.4 mi
Grades PK-08
Kennedy Patrick Elem
0.7 mi
M

Middle Schools

3 schools
C-
Joseph A. Browne School
0.4 mi | #285 of 352 | Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.4 mi | #9 of 16 | Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students Less Diverse
Rising School
Grades 05-08
D
Clark Avenue School
0.5 mi | #329 of 352 | Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
C-
East Boston High School
0.5 mi | #300 of 346 | Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students Moderate
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
East Boston High
0.5 mi
Seaport Academy School
0.9 mi
Grades 07-12
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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 $930
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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

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 Nov 2, 2026 12:21 PM EST
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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