Unbelievable investment opportunity less than three miles from beautiful downtown Boston! Located in the heart of Chelsea and just 2.25 miles over the historic Tobin from downtown!! This turnkey, rock-solid 3-family home is the perfect addition to your portfolio or could be an ideal owner-occupant setup. Finding a classic multi-family property in this location at this price point so close to the city is truly unheard of! The property features a highly rental-friendly layout: a spacious 2-bedroom unit on the 1st floor, and massive 3-bedroom units on both the 2nd and 3rd floors. Upgrades include a modern updated 3rd-floor unit that can be delivered vacant, perfect for an owner-occupant looking to live for next to nothing or a landlord ready to set market rent immediately!! All units feature strong rental history with current tenants on flexible month-to-month agreements. The property boasts well-maintained, good systems throughout, offering true peace of mind for the next savvy buyer. Don't miss your chance to own a classic Chelsea cash-flowing 3-decker under $850k with unbeatable proximity to Boston. Won't last!!!
For sale
$850,000
31 Library St, Chelsea, MA 02150
8beds
3,153sqft
3 Family
Built in 1930
-- sqft lot
$834,200 Zestimate®
$270/sqft
$-- HOA
What's special
Well-maintained good systems throughout
- 16 days
- 548
- 40
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Team ROVI 413-213-3472,
Real Broker MA, LLC 413-273-1381,
Stacey Clews 617-901-5066
Source: MLS PIN,MLS#: 73594925
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Tile, Vinyl, Laminate, Hardwood
- Basement: Full,Walk-Out Access,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,153
- Total interior livable area: 3,153 sqft
- Finished area above ground: 3,153
Property
Features
- Patio & porch: Porch, Enclosed
- Fencing: Fenced/Enclosed
Lot
- Size: 1,956 Square Feet
- Features: Cleared, Level
Details
- Parcel number: M:0039 B:0000 L:0060,1287845
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range, for Gas Oven
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $858,000
- Annual tax amount: $9,850
- Date on market: 10/25/2026
- Total actual rent: 7300
Estimated market value
$834,200
$792,000 - $876,000
$2,825/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2026 | Listed for sale | $850,000+9.7%$270/sqft |
Source: MLS PIN #73594925 Report a problem | ||
| 11/16/2020 | Sold | $775,000-0.5%$246/sqft |
Source: Public Record Report a problem | ||
| 9/22/2020 | Pending sale | $779,000$247/sqft |
Source: United Brokers #72721504 Report a problem | ||
| 9/14/2020 | Price change | $779,000-2.5%$247/sqft |
Source: United Brokers #72721504 Report a problem | ||
| 9/7/2020 | Listed for sale | $799,000+145.8%$253/sqft |
Source: United Brokers #72721504 Report a problem | ||
| 5/6/2012 | Listing removed | $325,000$103/sqft |
Source: Excelsior Realty Group #71333190 Report a problem | ||
| 2/1/2012 | Listed for sale | $325,000+30%$103/sqft |
Source: Excelsior Realty Group #71333190 Report a problem | ||
| 4/5/2010 | Sold | $250,000-40.5%$79/sqft |
Source: Public Record Report a problem | ||
| 11/28/2003 | Sold | $420,000+366.7%$133/sqft |
Source: Public Record Report a problem | ||
| 5/1/1996 | Sold | $90,000+24.1%$29/sqft |
Source: Public Record Report a problem | ||
| 10/6/1995 | Sold | $72,500+51%$23/sqft |
Source: Public Record Report a problem | ||
| 9/16/1993 | Sold | $48,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,086 -3.3% | $789,400 |
| 2024 | $9,394 +4.2% | $789,400 +8.4% |
| 2023 | $9,016 -1.4% | $728,300 +5.5% |
| 2022 | $9,148 +17.3% | $690,400 +20.6% |
| 2021 | $7,800 -1.2% | $572,700 +5.8% |
| 2020 | $7,897 +2.5% | $541,200 +0.1% |
| 2019 | $7,704 +10.7% | $540,600 +9.5% |
| 2018 | $6,958 +30.4% | $493,500 +6.4% |
| 2017 | $5,336 -4.6% | $463,900 +18.2% |
| 2016 | $5,593 +14.8% | $392,500 +16% |
| 2015 | $4,873 +21% | $338,400 +18.8% |
| 2013 | $4,026 +21.8% | $284,900 +19% |
| 2012 | $3,306 +3.5% | $239,400 -3.2% |
| 2011 | $3,194 +6.9% | $247,200 |
| 2010 | $2,989 -18.6% | $247,200 -27.3% |
| 2009 | $3,670 -14.4% | $339,800 -21.2% |
| 2008 | $4,288 +3.1% | $431,000 -3.3% |
| 2007 | $4,158 +1.9% | $445,700 +5.1% |
| 2006 | $4,080 +15.1% | $424,100 +14.1% |
| 2005 | $3,545 +8.9% | $371,600 +5.9% |
| 2004 | $3,256 +13% | $350,900 +22.3% |
| 2003 | $2,881 +18.5% | $287,000 +71.4% |
| 2002 | $2,431 +57.9% | $167,400 +59.3% |
| 2000 | $1,540 | $105,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 02150
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