$1,475,000
Pending
40 Days Online
12 Beds6 Baths4,500 SQFT
Pending

59-61 Division St Chelsea, MA 02150

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Discover an exceptional investment in Chelsea's vibrant lower Broadway area – a rare 5-family opportunity! Each unit boasts lead compliance for easy renting, and is currently occupied by reliable, rent-paying tenants. Enjoy positive cash flow with potential for even greater returns. Bonus income from coin-operated laundry. Many units have undergone renovations, featuring fresh paint, tiled bathrooms, new stainless steel appliances, stunning hardwood floors, and granite countertops in kitchens. Offering a mix of two, three, four, and one-bedroom units, all with separate utilities. Updated forced air gas heating installed in 2012 ensures efficient operation. This property promises both immediate income and long-term value. Don't miss out – seize this lucrative investment today!

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$12,489
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusPending
  • MLS ID Number73213564
  • Home Size Source Other
  • Year Built1920
  • Lot Size0.05 Acres
  • Full Baths5
  • Partial Baths1

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General Features

  • Construction Frame
  • Parking Spaces 0
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories 10
  • Acreage 0.05
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Concrete Perimeter
  • Zoning BR
  • Buyer Agent Compensation 2
  • Facilitator Compensation 0
  • Compensation Based On Gross/Full Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0
  • Electricity 110 Volts

Interior Features

  • Cooling Window Unit(s)
  • Heating Forced AirNatural Gas
  • Appliances RangeDishwasherMicrowaveRefrigerator
  • Flooring Wood
  • Interior Lead Certification AvailableLiving RoomKitchen
  • Fireplaces 0
  • Laundry Features Electric Dryer Hookup
  • Window Features Insulated WindowsStorm Window(s)
  • Fireplace No
  • Interior Features Lead Certification AvailableLiving RoomKitchen

Exterior Features

  • Roof Shingle
  • Spa No
  • Waterfront Property No
  • Waterfront Features Beach Front1 to 2 Mile To Beach
  • Lot Other
  • Lot Features Other
  • Waterview Features Beach Front1 to 2 Mile To Beach

Community Features

  • Community Features Public TransportationShoppingParkWalk/ Jog TrailsMedical FacilityLaundromatHighway AccessMarinaWalk/Jog Trails
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$7,986
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