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148 Walnut St, Chelsea MA 02150

Chelsea, MA 02150
$1,125,000
Est. $6,883/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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8
Beds
3
Baths
3,000
Sq Ft
$375
Price/Sq Ft
0.03
Acres
1900
Year Built
3 Family
Type
New today
Time on Market
For Sale Listed Oct 24, 2026 • MLS# 73594726 Copied! • Updated Oct 24, 2026

Track this home for price, status, and open-house alerts.

About this home

Fully gut-renovated, condo-quality three-family property conveniently located just off Route 1, offering easy access to the Tobin Bridge and Downtown Boston.UNIT LAYOUTS: The property features two spacious three-bedroom residences, each with additional space suitable for a home office or potential fourth bedroom. The first-floor residence offers two bedrooms plus a dedicated home office. The top-floor three-bedroom unit has been intentionally vacated, providing an excellent opportunity for owner-occupancy or additional rental income.Each residence features luxury vinyl plank flooring, granite countertops, stainless steel Amana appliances, gas ranges, dishwashers, and updated bathrooms with quality fixtures and tile flooring.Major improvements include a new roof, windows, electrical systems, and Navien tankless heating and hot water systems. Additional amenities include coin-operated laundry and individual basement storage.A turnkey investment opportunity offering modern finishes, extensive capital improvements, and owner-occupancy flexibility.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 24, 2026
$1,125,000
Original listing
Agent: Dan Pouladian Office: North Shore Realty Advisors

Tax History

Year Taxes Assessment
2026 $11,935 $1,039,600

Financial Details

Annual Property Tax
$11,935
Tax Year 2026
Assessed Value
$1,039,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,000 sq ft
Lot Size 0.03 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,700/mo · Y
Unit 2 Rent $3,750/mo · Y
Unit 3 Rent $3,550/mo · N
Total Monthly Rent $10,000/mo
Gross Income $120,000
Net Operating Income $99,250
Cap Rate 8.82%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,935
Assessed Value $1,039,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
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
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,000 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

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

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Rubber
Foundation: Stone
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: Corner Lot
Road Surface:

Parking & Garage

Parking Features:
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

7 schools
St. Rose Elementary School
0.3 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.9 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.3 mi
769 students Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
1.1 mi | #287 of 825 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
428 students Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
1.1 mi | #409 of 825 | Score: 47.5
Improved 97 spots from last year
-10.7 below state avg
406 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
1.1 mi | #631 of 825 | Score: 39.4
Improved 78 spots from last year
-18.8 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
1.1 mi | #648 of 825 | Score: 38.4
Improved 182 spots from last year
-19.8 below state avg
471 students Less Diverse
Rising School
Grades 01-04
M

Middle Schools

3 schools
C-
Joseph A. Browne School
< 0.1 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
< 0.1 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
0.4 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
Seaport Academy School
0.6 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.5 mi | #294 of 346 | Score: 59.3
Same rank as last year
115 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.5 mi | #284 of 346 | Score: 43.0
Improved 24 spots from last year
-15.2 below state avg
1,532 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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 $995
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
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Current Rate
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+0.5% Rate
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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 Walnut St, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Dan Pouladian
Listing Office North Shore Realty Advisors
Office Phone 617-548-7737
Agent MLS ID NB115212
Office MLS ID AN7007
Listing Data Updated Oct 24, 2026 11:11 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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