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39 Spencer Ave, Chelsea MA 02150

Chelsea, MA 02150
$929,000
Est. $5,602/month
6
Beds
3
Baths
2,496
Sq Ft
$372
Price/Sq Ft
0.04
Acres
1900
Year Built
2
Parking
19
Days on Market
Active Listed Jun 24, 2026 • MLS# 73541138 Copied! • Updated Jul 10, 2026

About this home

Solid, well-maintained three-family investment opportunity! Perfect for investors or owner-occupants seeking a turnkey property with easy access to downtown Boston. Located in a quiet neighborhood, it's within walking distance of schools, shopping centers, a supermarket, bus routes 111, 116 & 117, the commuter rail, and other everyday amenities. The first-floor unit has been fully renovated, while the renovated third-floor unit offers beautiful city views. The property features separate utilities, a private driveway for two off-street parking spaces, and a roof and siding in good condition. Numerous updates include electrical improvements, renovated kitchens, and updated bathrooms. Well maintained with great tenants already in place, this is an excellent opportunity to own a quality income-producing property in a convenient location. One unit can be delivered vacant if needed.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jul 10, 2026
New showing requirements
🏠
Listed for Sale
Jun 24, 2026
$929,000
Original listing
Agent: Ella Goren Office: Sunrise Realty & Investment LLC

Tax History

Year Taxes Assessment
2026 $8,449 $736,000

Financial Details

Annual Property Tax
$8,449
Tax Year 2026
Assessed Value
$736,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,496 sq ft
Lot Size 0.04 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $2,400/mo · N
Unit 2 Rent $2,050/mo · N
Unit 3 Rent $2,100/mo · N
Total Monthly Rent $6,550/mo
Gross Income $78,600
Net Operating Income $70,330
Operating Expenses $8,270
Water/Sewer Expense $4,200
Electric Expense $150
Insurance Expense $3,920
Cap Rate 7.57%
Heating Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 2
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $8,449
Assessed Value $736,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
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) 16 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,496 sq ft
Total Rooms
15
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features:
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
0.3 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.5 mi | #287 of 824 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
455 students Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
0.5 mi | #406 of 824 | Score: 47.6
Improved 100 spots from last year
-10.6 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
0.5 mi | #663 of 824 | Score: 37.9
Improved 46 spots from last year
-20.4 below state avg
472 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
0.5 mi | #642 of 824 | Score: 38.6
Improved 188 spots from last year
-19.6 below state avg
527 students Less Diverse
Rising School
Grades 01-04
Shurtleff Early Childhood School
0.7 mi
779 students Less Diverse
Grades PK-01
M

Middle Schools

3 schools
D
Clark Avenue School
0.2 mi | #329 of 352 | Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.6 mi | #290 of 352 | Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.6 mi | #9 of 16 | Score: 29.9
Improved 348 spots from last year
-28.3 below state avg
436 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
0.8 mi | #294 of 346 | Score: 59.3
Same rank as last year
132 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.8 mi | #283 of 346 | Score: 42.9
Improved 25 spots from last year
-15.3 below state avg
1,649 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
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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 $704
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

39 Spencer Ave, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Ella Goren
Listing Office Sunrise Realty & Investment LLC
Office Phone 617-710-4408
Agent MLS ID CN250212
Office MLS ID AN7485
Listing Data Updated Jul 10, 2026 4:16 PM 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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