721 Broadway, Chelsea MA 02150

Chelsea, MA 02150
$699,000
Est. $4,568/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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4
Beds
2
Baths
3,560
Sq Ft
$196
Price/Sq Ft
0.14
Acres
1900
Year Built
14 hours 7 minutes
Time on Market
For Sale Open House Listed Oct 9, 2026 • MLS# 73589042 Copied! • Updated Oct 10, 2026

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Open House Schedule

10
Oct
Saturday, October 10
11:00 AM - 1:00 PM EDT
11
Oct
Sunday, October 11
11:00 AM - 1:00 PM EDT

About this home

Attention Investors, Contractors, and Developers! Excellent opportunity to add a three-family property to your investment portfolio! This fully vacant multifamily property offers tremendous potential for investors looking to renovate, add value, and maximize rental income. With all three units vacant, the new owner has the flexibility to begin improvements immediately without the challenges of existing tenancies. Whether you're looking for your next value-add investment, a renovation project, or a long-term income-producing property, the possibilities are endless! Property is in need of repairs and updates and is being sold strictly AS-IS. Bring your vision and take advantage of this great investment opportunity!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Oct 9, 2026
$699,000
Original listing
Agent: Matthew Gallego Office: Juan Gallego

Tax History

Year Taxes Assessment
9999 $9,999 $9,999

Financial Details

Annual Property Tax
$9,999
Tax Year 9999
Assessed Value
$9,999

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,560 sq ft
Lot Size 0.14 acres
Stories 3
Bedrooms 4
Full Baths 2
Total Rooms 8

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,999
Assessed Value $9,999
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) 1 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
3,560 sq ft
Total Rooms
8
Stories
3
Levels
3

Floor Layout

Interior Features

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

Construction & Materials

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

Heating, Cooling & Utilities

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: Level
Road Surface:

Parking & Garage

Parking Features: Paved Drive
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
0.4 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.5 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
0.5 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
0.5 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
0.5 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
Shurtleff Early Childhood School
0.6 mi
769 students Less Diverse
Grades PK-01
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
0.5 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
0.5 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
1.2 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.7 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
0.7 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
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $833
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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Current 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

721 Broadway, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Matthew Gallego
Listing Office Juan Gallego
Office Phone 617-466-1205
Agent MLS ID CN255824
Office MLS ID AN9855
Listing Data Updated Oct 10, 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
Steve Novak Real Estate
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