Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.
For sale
Price cut: $105K (8/14)
$985,000
148 Congress Ave, Chelsea, MA 02150
11beds
3,924sqft
3 Family
Built in 1920
-- sqft lot
$962,600 Zestimate®
$251/sqft
$-- HOA
What's special
- 63 days
- 413
- 40
Zillow last checked:
Listing updated:
Listed by:
Luis Tejada 617-306-0732,
Century 21 North East 617-889-2020
Source: MLS PIN,MLS#: 73554885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 3
- Full bathrooms: 3
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,924
- Total interior livable area: 3,924 sqft
- Finished area above ground: 3,924
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 3,325 Square Feet
- Features: Other
Details
- Parcel number: M:0021 B:0000 L:0001,1286507
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Concrete Perimeter, Stone, Other
- Roof: Rubber
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, Laundromat, Highway Access, Public School
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $251/sqft
- Tax assessed value: $972,600
- Annual tax amount: $11,165
- Date on market: 8/4/2026
- Total actual rent: 6400
Estimated market value
$962,600
$914,000 - $1.01M
$2,730/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $985,000-9.6%$251/sqft |
Source: MLS PIN #73554885 Report a problem | ||
| 7/25/2026 | Listed for sale | $1,090,000+169.8%$278/sqft |
Source: MLS PIN #73554885 Report a problem | ||
| 9/25/2014 | Sold | $404,000-3.6%$103/sqft |
Source: Public Record Report a problem | ||
| 8/14/2014 | Pending sale | $419,000$107/sqft |
Source: Century 21 North Shore #71728840 Report a problem | ||
| 8/14/2014 | Listed for sale | $419,000+210.4%$107/sqft |
Source: Century 21 North Shore #71728840 Report a problem | ||
| 3/2/1998 | Sold | $135,000+43.6%$34/sqft |
Source: Public Record Report a problem | ||
| 7/12/1996 | Sold | $94,000+176.5%$24/sqft |
Source: Public Record Report a problem | ||
| 8/2/1994 | Sold | $34,000-63.6%$9/sqft |
Source: Public Record Report a problem | ||
| 4/20/1994 | Sold | $93,500$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,305 -3.3% | $895,300 |
| 2024 | $10,654 +4.2% | $895,300 +8.4% |
| 2023 | $10,221 -1.2% | $825,600 +5.8% |
| 2022 | $10,342 +3.7% | $780,500 +6.6% |
| 2021 | $9,974 -5.7% | $732,300 +29.4% |
| 2020 | $10,577 +43.9% | $565,900 +9.7% |
| 2019 | $7,352 +10.2% | $515,900 +9% |
| 2018 | $6,672 +3.2% | $473,200 +6.2% |
| 2017 | $6,466 +20.4% | $445,700 +18.3% |
| 2016 | $5,369 +15.1% | $376,800 +16.3% |
| 2015 | $4,666 +20.6% | $324,000 +18.3% |
| 2013 | $3,870 +7.9% | $273,900 +5.5% |
| 2012 | $3,586 +3.6% | $259,700 -3.1% |
| 2011 | $3,463 +6.9% | $268,000 |
| 2010 | $3,240 -18.6% | $268,000 -27.3% |
| 2009 | $3,981 -16% | $368,600 -22.7% |
| 2008 | $4,742 +3.6% | $476,600 -2.9% |
| 2007 | $4,579 +0.7% | $490,800 +3.8% |
| 2006 | $4,547 +8% | $472,700 +7.1% |
| 2005 | $4,212 +16.7% | $441,500 +13.5% |
| 2004 | $3,610 +14% | $389,000 +23.4% |
| 2003 | $3,166 +16.9% | $315,300 +69% |
| 2002 | $2,709 +65.1% | $186,600 +66.6% |
| 2000 | $1,641 | $112,000 |
Find assessor info on the county website
Monthly payment
Est. payment



