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Off market
  • $1,420,800

    78 & 84 Garfield Ave, Chelsea, MA 02150

    14beds
    5,100sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,420,800 Zestimate®
    $279/sqft
    $2,659 Estimated rent

    Home value

    $1,420,800

    $1.21M - $1.66M

    $2,659/mo

    Zestimate® history
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    Owner options

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    $2,659/mo

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    $2,659/mo

    Rent Zestimate®

    Refinance and save

    $8,461/mo

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    $8,461/mo

    Est. payment

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    What's special

    INCOME PROPERTY! 6.25% CAP RATE!! Enormous 4 Family in a Prime Chelsea location! Situated on two enormous combined lots totaling 11678SF! Parking for 8+ Cars! Massive rear yard for future additional parking! 14 Bedrooms in total! All units are in great condition and have their own separate utilities and private basements with laundry & additional storage! First floor units consist of 2 bedrooms, 1 bath. Upper units are 4/6 Bedrooms spread out over 2 levels with private balconies! An impressive property for the astute long term investor to add a Rock Solid investment to their income portfolio or for further development with numerous multi-unit condominiums & townhouses being constructed all around you! Tremendous upside from both an income and redevelopment prospective! Buyers do your due diligence to maximize the total opportunity presented here! Don't Miss Out on this One!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total interior livable area: 5,100 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 0.27 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Chelsea

    Other

    Other facts
    • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School
    • Foundation: Poured Concrete
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles
    • Exterior Features: Porch, Balcony, Patio, Fenced Yard
    • Basement Feature: Interior Access
    • Electric Feature: 200 Amps, Varies Per Unit
    • Mf Type: 4 Family - 4 Units Up/Down
    • Lot Description: Gentle Slope
    • Exterior: Brick

    Price history

    DateEventPrice
    4/10/2020Listing removed$1,395,000$274/sqft
    Source: Gibson Sotheby's International Realty #72630747 Report a problem
    3/10/2020Listed for sale$1,395,000+153.6%$274/sqft
    Source: Gibson Sotheby's International Realty #72630747 Report a problem
    9/19/2014Sold$550,000$108/sqft
    Source: Agent Provided Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 02150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,420,800
    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
    $1,420,800