148 Congress Ave, Chelsea MA 02150
Chelsea, MA 02150
$1,090,000
$985,000
Est. $6,111/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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Open House Schedule
13
Sep
Sunday, September 13
12:00 PM - 1:30 PM EDT
About this home
Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
9.6%
Price Range
Property Timeline
Price Reduced
Aug 14, 2026
$985,000
$105,000
(-9.63%)
From $1,090,000 to $985,000 (-9.6%)
Listed for Sale
Jul 25, 2026
$1,090,000
Original listing
Agent: Luis Tejada
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | ↓ Price Reduced | $985,000 | $105,000 | - | From $1,090,000 to $985,000 (-9.6%) |
| 07/25/2026 | 🏠 Listed for Sale | $1,090,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $11,165 | $972,600 |
Financial Details
Annual Property Tax
$11,165
Tax Year 2026
Assessed Value
$972,600
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1920
Living Area
3,924 sq ft
Lot Size
0.08 acres
Stories
3
Bedrooms
11
Full Baths
3
Total Rooms
17
Investment Metrics
Units
3
Unit 1 Rent
$1,900/mo · N
Unit 2 Rent
$2,100/mo · N
Unit 3 Rent
$2,400/mo · N
Total Monthly Rent
$6,400/mo
Gross Income
$76,800
Net Operating Income
$76,800
Cap Rate
7.80%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
On Street
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$11,165
Assessed Value
$972,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Certified Treated
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
48 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
11
Full Bathrooms
3
Living Area
3,924 sq ft
Total Rooms
17
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,924 sq ft above grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Concrete Perimeter, Stone, Other
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:
Other
Road Surface:
Parking & Garage
Parking Features:
On Street
Nearby Schools
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
Elementary Schools
7 schools
St. Rose Elementary School
0.4 mi
Grades PK-08
Chelsea Virtual Learning Academy
1.0 mi
38 students
Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.2 mi
769 students
Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
1.1 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
1.1 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
1.1 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
1.1 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
Middle Schools
3 schools
C-
Joseph A. Browne School
0.4 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
0.4 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
D
Clark Avenue School
0.5 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
High Schools
3 schools
Seaport Academy School
0.9 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.9 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
0.9 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
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
$930
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
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
148 Congress Ave, Chelsea MA 02150
Chelsea, MA 02150
Listing Information
Listing Agent
Luis Tejada
Listing Office
Century 21 North East
Office Phone
617-889-2020
Agent MLS ID
BB900328
Office MLS ID
AN4342
Listing Data Updated
Sep 10, 2026 8:27 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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