48 Chestnut St

2,453 Sq. Ft.
$311 / Sq. Ft.
2,453
Sq. Ft.
$311
per Sq. Ft.

Description

This great investment 2 family home with separate entrances for each unit is located just a short distance from Admiral Hill and the scenic waterfront area with stunning views of Boston. Unit 1 features a 2-bedroom/1 full bath and Unit 2 features 5 bedrooms and 2 full baths and Laundry in units. Enjoy modern windows, updated hardwood floors, kitchens, baths, and natural lighting living areas. Property has 2 parking spaces and an updated cozy, welcoming yard space for family gatherings and get togethers...This great investment 2 family home with separate entrances for each unit is located just a short distance from Admiral Hill and the scenic waterfront area with stunning views of Boston. Unit 1 features a 2-bedroom/1 full bath and Unit 2 features 5 bedrooms and 2 full baths and Laundry in units. Enjoy modern windows, updated hardwood floors, kitchens, baths, and natural lighting living areas. Property has 2 parking spaces and an updated cozy, welcoming yard space for family gatherings and get togethers that add to the property's appeal. With plentiful ceiling heights, abundant natural light, and close proximity to parks, restaurants, supermarkets, public transportation, and major roadways. Close to the downtown-bound 111 bus stop ensures a convenient return from Boston, and it's just a 2-minute drive to Market Basket. Two blocks away, Broadway Street offers access to restaurants and a police station. As Chelsea continues to see a surge in value, this property is a great investment.
  1. Listed by Viva Real Estate Team • eXp Realty
  2. Listed by Veronica Lujan • eXp Realty
  3. Listed by William Vaquerano • eXp Realty

Property Details for 48 Chestnut Street

Town
Chelsea
Area
MA-Chelsea
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 01/11/2024 09:12 AM

Property Details for 48 Chestnut Street

StatusSold
MLS #73183114
Days on Market14
Taxes$7,875 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountySuffolk County

Location

Listing Courtesy of eXp Realty, Viva Real Estate Team; eXp Realty, Veronica Lujan; eXp Realty, William Vaquerano

Sold By United Brokers, Mario Pleitez

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Building Information for 48 Chestnut Street

Stories3Residences2Year Built1900Building Size-Lot Size0.03 AC / 1,514 SF

Payment Calculator

$4,493 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,837

Property Taxes

$656

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 48 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path
  • Current Financing: FHA
  • Living Area: 2453.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Shurtleff Early
  • High School: Chelsea High
  • Middle School: Eugene Wright
Features
Interior Features
  • Appliances: Utility Connections for Gas Range
  • Basement Features: Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Fenced Yard
  • Exterior Features: Fenced Yard, Porch
  • Fencing: Fenced
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Tandem
  • Open Parking: Yes
  • Parking Features: Paved Drive, Tandem
  • Parking Features: Tandem
Utilities
  • Electric: 100 Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Unit 1-will be vacant and market rent is $2500/ Unit 2 is rented for $3500 - Current Tenants lease is up on Feb 28,2024. Solar panels on the roof,installed in 2019,offer additional benefits for Unit 2. Washers and dryers included.
Tax Information
  • Tax ID: M:018 P:068
  • Assessments: $636,100
  • Book: 58002
  • Tax Year: 2023
  • Zoning: R3
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $72,000.00
  • NOI: $72,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 48 Chestnut Street

DateEvent & SourcePriceAppreciation
Jan 10, 2024

Sold

MLS PIN #73183114

$762,000—
Dec 6, 2023

Under Agreement

MLS PIN #73183114

—
Dec 6, 2023

Contingent

MLS PIN #73183114

—
Nov 28, 2023

Listed (Active)

MLS PIN #73183114

$749,000—
Nov 14, 2023

Canceled

MLS PIN #73149004

$799,000—
Aug 30, 2023

Temporarily Withdrawn

MLS PIN #73149004

$849,000—
Aug 16, 2023

Listed (Active)

MLS PIN #73149004

$849,000—
May 31, 2017

Sold (Public Record)

Public Record #598004191

$530,000

+3.5% / yr

May 30, 2017

Sold

MLS PIN #72134751

$530,000—
Mar 27, 2017

Under Agreement

MLS PIN #72134751

—
Mar 27, 2017

Contingent

MLS PIN #72134751

—
Mar 23, 2017

Listed (Active)

MLS PIN #72134751

$520,000—
Sep 5, 2014

Sold

MLS PIN #71709202

$450,000—
Jul 8, 2014

Under Agreement

MLS PIN #71709202

—
Jul 8, 2014

Contingent

MLS PIN #71709202

—
Jul 7, 2014

Listed (Active)

MLS PIN #71709202

$459,000—
Oct 31, 2013

Canceled

MLS PIN #71562413

$369,000—
Jul 30, 2013

Listed (Active)

MLS PIN #71562413

$369,000—
Aug 27, 2012

Canceled

MLS PIN #71423364

$369,000—
Aug 16, 2012

Listed (Active)

MLS PIN #71423364

$369,000—
Oct 5, 2005

Sold (Public Record)

Public Record #168754379

$355,000

+24.4% / yr

Oct 3, 2005

Sold

MLS PIN #70142783

$355,000—
Apr 28, 2005

Under Agreement

MLS PIN #70142783

—
Apr 28, 2005

Contingent

MLS PIN #70142783

—
Feb 7, 2005

Listed (Active)

MLS PIN #70142783

$389,900—
Jan 25, 2005

Expired

MLS PIN #70109161

$389,900—
Oct 25, 2004

Listed (Active)

MLS PIN #70109161

$389,900—
Feb 23, 1995

Sold (Public Record)

Public Record #88593176

$35,000—
DateEvent & SourcePrice
01/10/2024

Sold

MLS PIN #73183114

$762,000
12/06/2023

Under Agreement

MLS PIN #73183114

—
12/06/2023

Contingent

MLS PIN #73183114

—
11/28/2023

Listed (Active)

MLS PIN #73183114

$749,000
11/14/2023

Canceled

MLS PIN #73149004

$799,000
08/30/2023

Temporarily Withdrawn

MLS PIN #73149004

$849,000
08/16/2023

Listed (Active)

MLS PIN #73149004

$849,000
05/31/2017

Sold (Public Record)

Public Record #598004191

$530,000

+3.5% / yr

05/30/2017

Sold

MLS PIN #72134751

$530,000
03/27/2017

Under Agreement

MLS PIN #72134751

—
03/27/2017

Contingent

MLS PIN #72134751

—
03/23/2017

Listed (Active)

MLS PIN #72134751

$520,000
09/05/2014

Sold

MLS PIN #71709202

$450,000
07/08/2014

Under Agreement

MLS PIN #71709202

—
07/08/2014

Contingent

MLS PIN #71709202

—
07/07/2014

Listed (Active)

MLS PIN #71709202

$459,000
10/31/2013

Canceled

MLS PIN #71562413

$369,000
07/30/2013

Listed (Active)

MLS PIN #71562413

$369,000
08/27/2012

Canceled

MLS PIN #71423364

$369,000
08/16/2012

Listed (Active)

MLS PIN #71423364

$369,000
10/05/2005

Sold (Public Record)

Public Record #168754379

$355,000

+24.4% / yr

10/03/2005

Sold

MLS PIN #70142783

$355,000
04/28/2005

Under Agreement

MLS PIN #70142783

—
04/28/2005

Contingent

MLS PIN #70142783

—
02/07/2005

Listed (Active)

MLS PIN #70142783

$389,900
01/25/2005

Expired

MLS PIN #70109161

$389,900
10/25/2004

Listed (Active)

MLS PIN #70109161

$389,900
02/23/1995

Sold (Public Record)

Public Record #88593176

$35,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Chestnut Street

Taxable ValueLand$125,500Additions$571,200Total$696,700
Tax Record2025$8,019 ($668 / month)
Home Facts
Baths3Total Finished SqFt1,779 SqFtAbove Grade Finished SqFt1,779 SqFtUnfinished Basement SqFt836 SqFtStories2Lot Size1,514 SqFtStyleDuplexYear Built1900ZoningR3CountySUFFOLKAPNCSEA M:018 P:068

Schools near 48 Chestnut Street

This home is within Chelsea School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Shurtleff Early Childhood
PublicPK to 1

Joseph A. Browne School
Public5 to 8

Chelsea High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, Viva Real Estate Team; eXp Realty, Veronica Lujan; eXp Realty, William Vaquerano

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.