31 Library St, Chelsea MA 02150

Chelsea, MA 02150
$850,000
Est. $5,319/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
3,153
Sq Ft
$270
Price/Sq Ft
0.04
Acres
1930
Year Built
3 Family
Type
New today
Time on Market
For Sale Listed Oct 25, 2026 • MLS# 73594925 Copied! • Updated Oct 26, 2026

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

About this home

Unbelievable investment opportunity less than three miles from beautiful downtown Boston! Located in the heart of Chelsea and just 2.25 miles over the historic Tobin from downtown!! This turnkey, rock-solid 3-family home is the perfect addition to your portfolio or could be an ideal owner-occupant setup. Finding a classic multi-family property in this location at this price point so close to the city is truly unheard of! The property features a highly rental-friendly layout: a spacious 2-bedroom unit on the 1st floor, and massive 3-bedroom units on both the 2nd and 3rd floors. Upgrades include a modern updated 3rd-floor unit that can be delivered vacant, perfect for an owner-occupant looking to live for next to nothing or a landlord ready to set market rent immediately!! All units feature strong rental history with current tenants on flexible month-to-month agreements. The property boasts well-maintained, good systems throughout, offering true peace of mind for the next savvy buyer. Don't miss your chance to own a classic Chelsea cash-flowing 3-decker under $850k with unbeatable proximity to Boston. Won't last!!!

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

70.6%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 26, 2026
$850,000
Original listing
Agent: Team ROVI Office: Real Broker MA, LLC
Previous Transaction - MLS #70889733
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 2, 2010
$250,000
MLS #70889733
View Listing →

Tax History

Year Taxes Assessment
2026 $9,850 $858,000

Financial Details

Annual Property Tax
$9,850
Tax Year 2026
Assessed Value
$858,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1930
Living Area 3,153 sq ft
Lot Size 0.04 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,000/mo · N
Unit 2 Rent $2,300/mo · N
Unit 3 Rent $3,000/mo · N
Total Monthly Rent $7,300/mo
Heating None
Cooling None
Flooring Tile, Vinyl, Laminate, Hardwood
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch, Enclosed
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven

Financial

Annual Tax $9,850
Assessed Value $858,000
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 []
House Color Light Blue
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
8
Full Bathrooms
3
Living Area
3,153 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Laminate, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

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
0.1 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
0.3 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
0.7 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
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $821
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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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

31 Library St, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Team ROVI
Listing Office Real Broker MA, LLC
Office Phone 413-273-1381
Agent MLS ID TM358725
Office MLS ID AN8754
Listing Data Updated Oct 26, 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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