MA
Suffolk
Chelsea
02150
4 Warren Ave
4 Warren Ave, Chelsea, MA 02150
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Listing Type
Multi Family
Listing Status
active
19
$1,650,000

Home Details for 4 Warren Ave

Price
$1,650,000
Type
Residential Income
Bedrooms
12
Bathrooms
6.0
Square feet
3712
Year built
1900
Lot size acres
0.17
County
Suffolk
Total rooms
15
Garage
Basement
Full, Finished
Days on site
100
MLS Listing#
73389751
Property Description

Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.

Property Features
  • Parking
    • Paved
    • Off Street
  • Basement
    • Full
    • Finished
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: Coldwell Banker Realty - Boston - 617-266-4430
Presented by: Peter Giannikopoulos
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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