230 Chestnut St, Chelsea MA 02150

Chelsea, MA 02150
$1,099,000
Est. $6,513/month
9
Beds
3
Baths
4,164
Sq Ft
$264
Price/Sq Ft
0.05
Acres
1920
Year Built
34
Days on Market
Sale Pending Listed Sep 8, 2025 • MLS# 73427640 Copied! • Updated Oct 15, 2025

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About this home

Rare opportunity to own a generational family-owned multi-family with excellent cash-flow potential! This property offers 9 bedrooms and 3 bathrooms across 3 units, each with separate heating, hot water, and electricity. Heating is gas for efficiency and cost saving. The roof was recently done and it’s only 4 years old. There is on & off street parking this property is located directly next to a residential parking lot named after the original owner of this property Grant Bennett Jr.Conveniently located near schools, shopping centers, & just a 3-minute walk to the bus stop with routes to multiple destinations, and only minutes from Boston and major highways. Ideal for investors or owner-occupants, offering strong rental potential in a prime location in Chelsea.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Sep 8, 2025
$1,099,000
Original listing
Office: Real Broker MA, LLC
🏠
Listed for Sale
Sep 8, 2025
$1,099,000
Original listing
Agent: Ventsi Kichikov Office: Real Broker MA, LLC
🏠
Listed for Sale
Sep 8, 2025
$1,099,000
Original listing
Office: Real Broker MA, LLC

Tax History

Year Taxes Assessment
2025 $9,076 $788,500

Financial Details

Annual Property Tax
$9,076
Tax Year 2025
Assessed Value
$788,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1920
Living Area 4,164 sq ft
Lot Size 0.05 acres
Stories 6
Bedrooms 9
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $3,000/mo · N
Unit 2 Rent $3,000/mo · N
Unit 3 Rent $3,000/mo
Total Monthly Rent $9,000/mo
Gross Income $74,400
Net Operating Income $74,400
Cap Rate 6.77%
Heating None
Cooling None
Flooring Wood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Concrete, Unfinished
Laundry None
Features Living Room, Dining Room, Kitchen
Construction Stone
Architecture None
Roof Wood
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $9,076
Assessed Value $788,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
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) 36 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
Sale Pending
Year Built
1920
Bedrooms
9
Full Bathrooms
3
Living Area
4,164 sq ft
Total Rooms
18
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows: Insulated Windows
Basement: Full, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Stone
Roof: Wood
Foundation: Concrete Perimeter
Stories: 6

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
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 $756
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

230 Chestnut St, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Office Real Broker MA, LLC
Office Phone 855-450-0442
Agent MLS ID CN259954
Office MLS ID AN4866
Listing Data Updated Oct 15, 2025 3:30 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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