MA
Middlesex
Everett
02149
238 Chelsea Street
238 Chelsea Street, Everett, MA 02149
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Listing Type
Multi Family
Listing Status
Active
1
$8,000,000

Home Details for 238 Chelsea Street

Price
$8,000,000
Type
Residential Income
Bedrooms
26
Bathrooms
26.0
Square feet
15372
Year built
1970
Lot size acres
0.34
County
Middlesex
Total rooms
38
Garage
Days on site
0
MLS Listing#
73479682
Property Description

Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14,810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475, a difference of $637 per unit per month.

Property Features
  • Water Features
    • Public
Listing Courtesy: Northeast Private Client Group, LLC - 857-990-6800
Presented by: Drew Kirkland
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Median Listing Price
Median Days on Site
Median Square Feet
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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