BMN Boston

Get our mobile app!

Download on the App Store

81 Chelsea St, Everett MA 02149

Everett, MA 02149
$2,850,000
$2,350,000
Est. $13,235/month
8
Beds
8
Baths
4,800
Sq Ft
$490
Price/Sq Ft
0.11
Acres
1925
Year Built
81
Days on Market
Active Price Drop -$500,000 Listed Apr 22, 2026 • MLS# 73505688 Copied! • Updated Jun 15, 2026

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. Can be sold as a package with 91 Chelsea St right next door - MLS #73535690.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

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

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

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%
Heating None
Cooling None
Flooring Vinyl, Laminate
Appliances None
Fireplace None
Basement Finished
Laundry None
Features None
Construction Brick
Architecture None
Roof Rubber, Other
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,824
Assessed Value $1,213,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Listing Agent Is The Manager Of The Llc That Owns The Building.
Exclusions None
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) 54 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

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: 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:
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
E

Elementary Schools

9 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
St. Anthony Elementary School
0.3 mi
Grades PK-08
C
George Keverian School
0.5 mi | #283 of 352 | Score: 33.0
Improved 11 spots from last year
-25.2 below state avg
873 students Moderate
Grades K-08
C-
Madeline English School
1.0 mi | #313 of 352 | Score: 30.5
Improved 28 spots from last year
-27.8 below state avg
760 students Moderate
Rising School
Grades K-08
C
Lafayette School
1.1 mi | #272 of 352 | Score: 34.2
Improved 37 spots from last year
-24 below state avg
998 students Diverse
Rising School
Grades K-08
Webster Extension
0.4 mi
211 students Diverse
Diverse Student Body
Grades PK
Adams School
0.7 mi
162 students Diverse
Diverse Student Body
Grades PK
H

High Schools

1 school
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
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 $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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

Loading map...

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 Jun 15, 2026 3:05 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

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Everett, MA

Real-time market trends and pricing data for this area

81 Chelsea St, Everett MA 02149 - Photo 1 81 Chelsea St, Everett MA 02149 - Photo 2 81 Chelsea St, Everett MA 02149 - Photo 3 81 Chelsea St, Everett MA 02149 - Photo 4 81 Chelsea St, Everett MA 02149 - Photo 5 81 Chelsea St, Everett MA 02149 - Photo 6 81 Chelsea St, Everett MA 02149 - Photo 7 81 Chelsea St, Everett MA 02149 - Photo 8 81 Chelsea St, Everett MA 02149 - Photo 9 81 Chelsea St, Everett MA 02149 - Photo 10 81 Chelsea St, Everett MA 02149 - Photo 11 81 Chelsea St, Everett MA 02149 - Photo 12 81 Chelsea St, Everett MA 02149 - Photo 13 81 Chelsea St, Everett MA 02149 - Photo 14 81 Chelsea St, Everett MA 02149 - Photo 15 81 Chelsea St, Everett MA 02149 - Photo 16 81 Chelsea St, Everett MA 02149 - Photo 17 81 Chelsea St, Everett MA 02149 - Photo 18 81 Chelsea St, Everett MA 02149 - Photo 19 81 Chelsea St, Everett MA 02149 - Photo 20 81 Chelsea St, Everett MA 02149 - Photo 21 81 Chelsea St, Everett MA 02149 - Photo 22 81 Chelsea St, Everett MA 02149 - Photo 23
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour