163 Chestnut St, Chelsea MA 02150

Chelsea, MA 02150

$6,200,000

Est. $8,364,884/month

Beds

Baths

18,898

Sq Ft

$328

Price/Sq Ft

0.23

Acres

1922

Year Built

5+ Family - 5+ Units Up/Down

Type

Days on Market

Active Price Drop -$300,000 Listed Nov 10, 2025 • MLS# 73453303 Copied!

About this home

Unique 16 Unit Residential Building - 10 units of 2 bed 2 bath configuration. 5 Units of 3 bed 2 bath configuration and 1 Unit 1 bed plus den configuration. This former church was gutted and retrofitted into luxury style finishes and appliances in 2023. Located within Chelsea's Opportunity Zone, it's a great addition to real estate portfolio for the savvy investor. Elevator was installed as part of renovation. Financials and tours available with signing of NDA and proof of financing. Situated in Center of Chelsea with close proximity to Chelsea Downtown Business District, Tobin Bridge Off/On Ramps, MBTA Bus Routes and local large employers including Mass Information Technical Center.

Property Overview

Property Type

5+ Family - 5+ Units Up/Down

Listing Type

For Sale

Year Built

1922

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

18,898 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 5+ Family - 5+ Units Up/Down

Year Built 1922

Living Area 18,898 sq ft

Lot Size 0.23 acres

Bedrooms 35

Full Baths 32

Half Baths 4

Total Rooms 92

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction Brick

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive

Total Spaces 16

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $99,999,999

Assessed Value $5,500,000

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1922

Structure Type:

Exterior Materials: Brick

Roof:

Foundation: Stone

Stories: 4

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 16

Parking Features: Paved Drive

Location

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Neighborhood

163 Chestnut St, Chelsea MA 02150

Chelsea, MA 02150

Walkability

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Schools

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Total Interest

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Total Cost

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Home Price

Down Payment

Down: $0

Interest Rate

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $8,333,333

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.

Property History

Market Insights

Property Timeline

🏠

Listed for Sale

Nov 10, 2025

$6,200,000

Original listing

Agent: Roy Avellaneda Office: Metropolitan Boston Real Estate, LLC

🏠

Listed for Sale

Nov 10, 2025

$6,200,000

Original listing

Agent: Roy Avellaneda Office: Metropolitan Boston Real Estate, LLC

Date	Event	Price	Change	$/sqft	Details
11/10/2025	🏠 Listed for Sale	$6,200,000	-	-	Original listing
11/10/2025	🏠 Listed for Sale	$6,200,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Nov 22, 2025	Sold	$6,200,000	—
Nov 10, 2025	New Listing Added	$6,200,000	—
Nov 10, 2025	New Listing Added	$6,200,000	—

Market Statistics

Days on Market

26 days

Price per Sq Ft

$328

Total Price Drop

-$300,000

Tax History

Year	Taxes	Assessment
2025	$99,999,999	$5,500,000

Financial Details

Annual Property Tax

$99,999,999

Tax Year 2025

Assessed Value

$5,500,000

Listing Information

Listing Agent Roy Avellaneda

Listing Office Metropolitan Boston Real Estate, LLC

Agent MLS ID BB921279

Office MLS ID AN7597

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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Listed for Sale

Listed for Sale

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163 Chestnut St, Chelsea MA 02150

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Listed for Sale

Listed for Sale

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