45 Addison, Chelsea MA 02150 - Preview 1 45 Addison, Chelsea MA 02150 - Preview 2

45 Addison, Chelsea MA 02150

Chelsea, MA 02150
$1,050,000
Est. $6,334/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
3,103
Sq Ft
$338
Price/Sq Ft
0.09
Acres
1900
Year Built
6
Parking
3 Family - 3 Units Up/Down
Type
New today
Time on Market
For Sale Listed Oct 17, 2026 • MLS# 73592192 Copied! • Updated Oct 18, 2026

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

About this home

Fantastic Investment Opportunity! Well-maintained three-family property nestled in a quiet, friendly neighborhood within walking distance to local schools. Featuring spacious 3-3-2 bedroom units, generously sized bathrooms, updated kitchens, and gleaming hardwood floors throughout. Situated on an oversized, double lot, the property offers off-street parking for up to 14 vehicles. Additional potential for a fourth unit or studio in the basement (buyer to verify permits and feasibility). Strong rental history with long-term tenants of over 5 years and an excellent record of on-time rent payments. A must-see opportunity for investors or owner-occupants looking to maximize rental income!

BMN Estimate

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 18, 2026
$1,050,000
Original listing

Tax History

Year Taxes Assessment
2026 $9,893 $850,500

Financial Details

Annual Property Tax
$9,893
Tax Year 2026
Assessed Value
$850,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,103 sq ft
Lot Size 0.09 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,325/mo · N
Unit 2 Rent $2,400/mo · N
Unit 3 Rent $2,200/mo
Total Monthly Rent $6,925/mo
Gross Income $86,100
Net Operating Income $83,100
Cap Rate 7.91%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed
Features Paved Drive, Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $9,893
Assessed Value $850,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Listing Agent Has Ownership Interest In The Property
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Appraiser
Documents None
County Suffolk
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,103 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Utilities & Systems

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off 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

7 schools
St. Rose Elementary School
0.3 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.6 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.6 mi
769 students Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
0.8 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
0.8 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
0.8 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
0.8 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
D
Clark Avenue School
0.2 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
C-
Joseph A. Browne School
0.3 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
0.3 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
H

High Schools

3 schools
Seaport Academy School
1.0 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.4 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
0.4 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

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $824
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.

Location

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Neighborhood

45 Addison, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Erik Pali
Listing Office Erik Pali
Office Phone 617-686-5196
Agent MLS ID CN230089
Office MLS ID AN7467
Listing Data Updated Oct 18, 2026 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.

Contact Us

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