81 Chelsea St, Everett MA 02149
Everett, MA 02149
$2,850,000
$2,350,000
Est. $13,235/month
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About this home
81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns. Detached garage on the property presents additional opportunity. Can be sold as a package with 91 Chelsea St right next door - MLS #73535690.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
17.5%
Price Range
Property Timeline
Price Reduced
Jun 12, 2026
$2,350,000
$500,000
(-17.54%)
From $2,850,000 to $2,350,000 (-17.5%)
Listed for Sale
Apr 22, 2026
$2,850,000
Original listing
Agent: Saad Munir
Office: ENRG Global Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/12/2026 | ↓ Price Reduced | $2,350,000 | $500,000 | - | From $2,850,000 to $2,350,000 (-17.5%) |
| 04/22/2026 | 🏠 Listed for Sale | $2,850,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $13,824 | $1,213,700 |
Financial Details
Annual Property Tax
$13,824
Tax Year 2025
Assessed Value
$1,213,700
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1925
Living Area
4,800 sq ft
Lot Size
0.11 acres
Bedrooms
8
Full Baths
8
Total Rooms
24
Investment Metrics
Units
8
Unit 1 Rent
$1,800/mo · Y
Unit 2 Rent
$2,000/mo · Y
Unit 3 Rent
$2,100/mo · Y
Unit 4 Rent
$2,200/mo · Y
Total Monthly Rent
$8,100/mo
Gross Income
$205,200
Net Operating Income
$166,000
Operating Expenses
$13,217
Insurance Expense
$7,061
Cap Rate
7.06%
Interior
Heating
None
Cooling
None
Flooring
Vinyl, Laminate
Appliances
None
Fireplace
None
Basement
Finished
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Rubber, Other
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$13,824
Assessed Value
$1,213,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Listing Agent Is The Manager Of The Llc That Owns The Building.
Exclusions
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
2 units below grade; total sqft and lot size estimated; some pictures are virtually staged
Documents
None
County
Middlesex
Total market time (incl. prior listings)
90 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1925
Bedrooms
8
Full Bathrooms
8
Living Area
4,800 sq ft
Total Rooms
24
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,800 sq ft above grade
1,000 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
Vinyl, Laminate
Appliances:
Interior Features:
Windows:
Basement:
Finished
Laundry:
Security:
Construction & Materials
Year Built:
1925
Structure Type:
Exterior Materials:
Brick
Roof:
Rubber, Other
Foundation:
Brick/Mortar
Stories:
5
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level, Other
Road Surface:
Paved
Parking & Garage
Parking Features:
Nearby Schools
School District
Everett School District local
C-
School Safety
2024-25
1.8%
Average
1.7%
Suspensions
2.5%
In-School
0.1%
Emergency
3.7% below state avg
Elementary Schools
3 schools
A
Pioneer Charter School of Science
0.2 mi
|
#44 of 346
|
Score: 67.9
Improved 46 spots from last year
+9.7 above state avg
795 students
Very Diverse
High Graduation Rate
Rising School
College Ready Curriculum
Diverse Student Body
Grades K-12
Devens School
0.3 mi
38 students
Diverse
Grades K-12
C
Sumner G. Whittier School
0.3 mi
|
#279 of 352
|
Score: 33.6
Improved 27 spots from last year
-24.6 below state avg
615 students
Moderate
Rising School
Grades K-08
Middle Schools
3 schools
C-
Joseph A. Browne School
1.1 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
1.1 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
D
Clark Avenue School
1.3 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
High Schools
3 schools
C
Chelsea Opportunity Academy
0.7 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
0.7 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
C+
Everett High School
0.8 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
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
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,152
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
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Current Rate
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+0.5% Rate
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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
81 Chelsea St, Everett MA 02149
Everett, MA 02149
Listing Information
Listing Agent
Saad Munir
Listing Office
ENRG Global Realty, LLC
Office Phone
857-557-8949
Agent MLS ID
CN241130
Office MLS ID
AN9585
Listing Data Updated
Jul 21, 2026 2:34 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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