Multi-Family Home for Sale: 218-230 Broadway, Chelsea, MA 02150

18 beds
22 full baths
9,999 sqft
$6,900,000
$6,900,000
218-230 Broadway, Chelsea, MA 02150
18 beds
22 full baths
9,999 sqft
$6,900,000
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Walk Score
95
Price:
$6,900,000

Type: Multi-Family
Beds: 18
Total Baths: 22 full baths
Square Feet: 9,999 sqft
Lot Size: 0.28 acres
Year Built: 1920

City: Chelsea
County: Suffolk

MLS: 73023839
Status: Active
DOM: 53 days
Listed by Horvath & Tremblay, John Pentore
218-230 Broadway is a mixed use investment property consisting of a three story building containing a total of 22 units, including 4 retail units (all of which are leased) and 18 residential apartments made of 12 one bedroom/one bathroom units and 6 two bedroom/one bathroom units. The property is well located along Broadway, the area's primary commercial corridor in the heart of downtown Chelsea, a high density, urban infill city, just north of downtown Boston. All of the residential units were renovated in 2011. Several of the residential units offer upside bringing rents to market rates. Additionally, two of the retail units (218&224) offer upside by increasing below market rents to market rents upon lease renewal. Each retail unit is seperatley metered for electric, gas (heat/hot water) and water and sewer. The residential units are seperately metered for electricity, which tenants pay directly. The landlord pays for heat, hot water and water and sewer.

Lot & Building Features

Construction: Brick
Sewer: Public Sewer
Tax Year: 2022
Taxes Paid: $52,259
Water: Public
Foundation: Stone
Interior Features: Other (See Remarks)
Roof: Rubber
Full Baths: 22
Parking: Paved Drive
Total Rooms: 36
Garage Spaces: 0

Price History of 218-230 Broadway, Chelsea, MA

Date Name Price Difference
08/10/2022 Listing Price $6,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 218-230 Broadway, Chelsea, MA

Location Map Street View Walk Score Bird's Eye
Photo of Jay McGillicuddy
Jay McGillicuddy
Associate Broker
Direct: 603-548-7685
Office
1 Delahunty Drive, Unit C
Windham, NH 03087
603-893-7999
MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Horvath & Tremblay

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.