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

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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!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠

Listed for Sale

Oct 18, 2026

$1,050,000

Original listing

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
10/18/2026	🏠 Listed for Sale	$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%

Interior

Heating None

Cooling None

Flooring Wood, Tile

Appliances None

Fireplace None

Basement Full, Walk-out Access, Interior Entry

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Enclosed

Parking

Features Paved Drive, Off Street

Total Spaces 6

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $9,893

Assessed Value $850,500

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

Down Payment Resource Eligible

MA Disclosures

Lead Paint Unknown

Seller Disclosures Listing Agent Has Ownership Interest In The Property

Additional Details

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

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

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Principal, interest, taxes & insurance

Loan Amount

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After down payment

Total Interest

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Over life of loan

Total Cost

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Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

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

-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

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.

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Steve Novak Real Estate

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mail@steve-novak.com

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