For sale

Price cut: $200K (7/31)

$8,700,000

267 Broadway, Chelsea, MA 02150

16beds

14,800sqft

$56,387/mo

Get pre-qualified

5-9 Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$588/sqft

$-- HOA

What's special

Video monitoring throughout building

Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$

101 days

130

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 16
Bathrooms: 16
Full bathrooms: 16

Features

Basement: Full,Finished,Interior Entry
Has fireplace: No

Interior area

Total structure area: 14,800
Total interior livable area: 14,800 sqft
Finished area above ground: 14,800

Property

Parking

Total spaces: 9
Parking features: Paved Drive, Off Street, On Street
Uncovered spaces: 9

Lot

Size: 6,004 Square Feet
Features: Corner Lot

Details

Parcel number: M:029 P:036,1287078
Zoning: BR

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Brick
Foundation: Brick/Mortar
Roof: Rubber

Condition

Year built: 1930

Utilities & green energy

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School

Location

Region: Chelsea

Financial & listing details

Price per square foot: $588/sqft
Tax assessed value: $3,311,900
Annual tax amount: $38,119
Date on market: 5/11/2026
Total actual rent: 8582

Estimated market value

Not available

Estimated sales range

Not available

$3,519/mo

Price history

Date	Event	Price
7/31/2026	Price change	$8,700,000-2.2%$588/sqft
Source: MLS PIN #73516159 Report a problem
5/11/2026	Listed for sale	$8,900,000+851.9%$601/sqft
Source: MLS PIN #73516159 Report a problem
1/5/2016	Sold	$935,000+648%$63/sqft
Source: Public Record Report a problem
11/15/1996	Sold	$125,000$8/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$63,553	$3,311,900 +23.8%
2024	$63,553 +6.4%	$2,675,900 +11.5%
2023	$59,729 +75.3%	$2,400,700 +81.2%
2022	$34,079 +8%	$1,325,000 +11.9%
2021	$31,558 -1.4%	$1,184,600 +88.2%
2020	$31,991 +97.5%	$629,500 +13.2%
2019	$16,202 -14.1%	$556,000 -12.3%
2018	$18,864 -14.1%	$634,300 -10.8%
2017	$21,966 -3.2%	$710,800 +1%
2016	$22,701 +1.1%	$703,900 +4.9%
2015	$22,448	$671,100