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!
Sold for $1,450,000
$1,450,000
59-61 Division Street, Chelsea, MA 02150
12beds
4,500sqft
5+ Family - 5+ Units Up/Down
Built in 1920
-- sqft lot
$1,571,500 Zestimate®
$322/sqft
$3,426 Estimated rent
Home value
$1,571,500
$1.45M - $1.73M
$3,426/mo
Zestimate® history
Owner options
List your home for rent
$3,426/mo
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$3,426/mo
Rent Zestimate®
Refinance and save
$9,081/mo
Est. payment
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$9,081/mo
Est. payment
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List your homeWhat's special
Tiled bathroomsNew stainless steel appliancesFresh paint
Zillow last checked:
Listing updated:
Listed by:
BLINK Estates Group 617-712-5461,
eXp Realty 888-854-7493,
Sabrina Stern 617-712-5461
Bought with:
TEAM BRUSIL
Keller Williams Realty Boston-Metro | Back Bay
Source: MLS PIN,MLS#: 73213564
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Lead Certification Available, Living Room, Kitchen
- Flooring: Wood
- Windows: Insulated Windows, Storm Window(s)
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
Property
Features
- Waterfront features: 1 to 2 Mile To Beach
Lot
- Size: 2,200 Square Feet
- Features: Other
Details
- Zoning: BR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $1,008,800
- Annual tax amount: $12,489
- Date on market: 12/27/2025
- Total actual rent: 11600
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $1,450,000-1.7%$322/sqft |
Source: MLS PIN #73213564 Report a problem | ||
| 4/4/2024 | Contingent | $1,475,000$328/sqft |
Source: MLS PIN #73213564 Report a problem | ||
| 3/18/2024 | Listed for sale | $1,475,000+7.3%$328/sqft |
Source: MLS PIN #73213564 Report a problem | ||
| 6/30/2022 | Sold | $1,375,000-1.4%$306/sqft |
Source: MLS PIN #72966431 Report a problem | ||
| 4/13/2022 | Listed for sale | $1,395,000+80%$310/sqft |
Source: MLS PIN #72966431 Report a problem | ||
| 1/8/2016 | Sold | $775,000$172/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02150
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Nearby schools
GreatSchools rating
- NAShurtleff Early ChildhoodGrades: PK-1Distance: 0.2 mi
- 4/10Eugene Wright Science And Technology AcademyGrades: 5-8Distance: 0.4 mi
- 2/10Chelsea High SchoolGrades: 9-12Distance: 0.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$1,571,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,571,500
- Massachusetts
- Suffolk County
- Chelsea
- 02150
- 59-61 Division Street
