For sale

Price cut: $60K (9/24)

$1,090,000

18 Suffolk St, Chelsea, MA 02150

6beds

3,436sqft

$7,286/mo

Get pre-qualified

3 Family - 3 Units Side by Side

Built in 1987

-- sqft lot

$1,061,200 Zestimate^®

$317/sqft

$-- HOA

What's special

Convenient waterfront locationTwo bedroom townhouse

This owner built townhouse property is perfect for an owner occupant wanting plenty of space and quality finishes within a multifamily property. Unit #1 (currently vacant and digitally staged in photography) has three bedrooms with two full baths with natural stained doors and trim. The 2nd apartment home is a two bedroom townhouse, the 3rd is a one bedroom "walk in" apartment at grade. (not a basement unit!) The combination of unit sizes make it perfect for extended family or for additional income. Suffolk Street has seen significant investment in recent years. Many of the homes have been newly built or renovated, and are getting premium rents up to $3,200 because of its convenient waterfront location. This property was previously three condominiums. The buyer may want to recreate the association with the document package that was used previously. This potential option provides added value upon eventual resale. See an attorney and the multiple documents attached.

16 days
345
32

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Electric, Unit Control

Cooling

Wall Unit(s)

Appliances

Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Washer/Dryer, Range Hood
Laundry: Electric Dryer Hookup

Features

Storage, Living Room, Kitchen, Laundry Room, Office/Den, Living RM/Dining RM Combo
Flooring: Varies
Doors: Insulated Doors, Storm Door(s)
Windows: Insulated Windows, Storm Window(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,436
Total interior livable area: 3,436 sqft
Finished area above ground: 3,052
Finished area below ground: 384

Property

Parking

Total spaces: 3
Parking features: Off Street, Assigned
Uncovered spaces: 3

Features

Patio & porch: Porch, Covered
Exterior features: Balcony, Rain Gutters, Garden
Fencing: Fenced/Enclosed,Fenced
Has view: Yes
View description: Water, River
Has water view: Yes
Water view: River,Water
Frontage length: 40.00

Lot

Size: 4,000 Square Feet

Details

Foundation area: 1040
Parcel number: M:0012 B:0000 L:0048,4837088
Zoning: R3

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family - 3 Units Side by Side

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1987

Utilities & green energy

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer

Community & HOA

Community

Security: Security System

Location

Region: Chelsea

Financial & listing details

Price per square foot: $317/sqft
Tax assessed value: $946,500
Annual tax amount: $10,866
Date on market: 9/15/2026
Total actual rent: 6835

Estimated market value

$1,061,200

$1.01M - $1.11M

$3,492/mo

Price history

Date	Event	Price
9/24/2026	Price change	$1,090,000-5.2%$317/sqft
Source: MLS PIN #73576989 Report a problem
9/14/2026	Listed for sale	$1,150,000+1454.1%$335/sqft
Source: MLS PIN #73576989 Report a problem
8/30/1989	Sold	$74,000+5.7%$22/sqft
Source: Public Record Report a problem
7/28/1987	Sold	$70,000$20/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,251 -3.3%	$890,600
2024	$10,598 +4.2%	$890,600 +8.4%
2023	$10,171 -1.5%	$821,600 +5.4%
2022	$10,327 +3.6%	$779,400 +6.5%
2021	$9,971 -1.3%	$732,100 +5.7%
2020	$10,100 +3.2%	$692,300 +0.8%
2019	$9,788 +11.7%	$686,900 +10.5%
2018	$8,762 +4.3%	$621,400 +7.4%
2017	$8,400 +23%	$578,600 +20.7%
2016	$6,829 +16%	$479,200 +17.2%
2015	$5,888 +22.2%	$408,900 +19.9%
2013	$4,818 +11.6%	$341,000 +9.1%
2012	$4,316	$312,500