Sold
Last Sold Price
10 beds3,699 sqft

50 Library St, Chelsea, MA 02150

Multi FamilyProperty Type
0.08 acresLot Size
1930Year Built
$270/sq ftPrice per sq ft
3 carsParking Spaces

Description

Come see this spacious 4 BR and 1.5 BATH 3rd floor Penthouse with picturesque, city views, cathedral ceilings, and off-street parking for 3 cars! Total Potential Gross Income of this turn-key 3-family building is $7,150. 3rd floor was completely renovated recently to add in a granite kitchen with new cabinets, appliances, and additional half-bath off the master bedroom. Building has a rubber roof and the 2nd and 3rd floor windows were replaced in 2018 and 2019, respectively. Property conveniently...Come see this spacious 4 BR and 1.5 BATH 3rd floor Penthouse with picturesque, city views, cathedral ceilings, and off-street parking for 3 cars! Total Potential Gross Income of this turn-key 3-family building is $7,150. 3rd floor was completely renovated recently to add in a granite kitchen with new cabinets, appliances, and additional half-bath off the master bedroom. Building has a rubber roof and the 2nd and 3rd floor windows were replaced in 2018 and 2019, respectively. Property conveniently located within walking distance of public transportation and shopping. Separate owner and unit electric meters with option to add in coin operated wash/dryer in basement for increased income. Delead certifications for all 3 floors in hand! OH 3/6 12pm - 1:30pm
Listing closed: 04/30/2021 12:00 AM • Source: MLS PIN, MLS#: 72792092
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Recent comparable sales

Median sold price

$1,075,000

Avg days on market

29

Sale-to-list ratio

104.4%

Chelsea, MA

9 comparable properties found

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Location

Listing Courtesy of Coldwell Banker Realty - Worcester, The Pouliot Team; Coldwell Banker Realty - Worcester, Marissa Mafera; Coldwell Banker Realty - Worcester, Jon Pouliot

Sold By Coldwell Banker Realty - Worcester, The Pouliot Team

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$6,305 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,339

Property Taxes

$967

HOA Dues

$0

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Property Information for 50 Library Street

Property Details

  • Taxes: $11,598 / year
  • MLS Type: Multi-family / 3 Family - 3 Units Up/Down
  • Town: Chelsea
  • Area: MA-Chelsea
  • Garage Spaces: 0
  • Parking Spaces Total: 3

Building Information

  • Stories: 6
  • Residences: 3
  • Year Built: 1930
  • Lot Size: 0.08 AC / 3,591 SF

General Details

Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, T-Station
  • Current Financing: Other
  • Living Area: 3699.0
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records

Features

Interior Features
  • Appliances: Electric Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Exterior Features: City View(s)
  • Lot Description: Level
  • Roof Material: Rubber
  • View: City View(s), Scenic View(s), City
  • View: Yes
  • Waterfront Features: Beach Front
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Unit 1(Oil), Unit 2(Oil), Unit 3(Oil)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public

Property Information

Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Include lead transfer and mandatory agency disclosure with offer.
Tax Information
  • Tax ID: 1287822
  • Assessments: $866,200
  • Book: 59514
  • Tax Year: 2020
  • Zoning: R3

Building / Association Information

Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $84,600.00
  • GRE: $5,086
  • NOI: $84,600.00
  • Operating Expense: $5,086.00

Unit Information

Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1

Rental Info

Rental Info
  • Total Actual Rent: $7,150.00

Market and Agent Information

Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 500

Property History for 50 Library Street

DateEvent & SourcePriceAppreciation
Apr 30, 2021

Sold

MLS PIN #72792092

$1,000,000—
Mar 7, 2021

Under Agreement

MLS PIN #72792092

—
Mar 7, 2021

Contingent

MLS PIN #72792092

—
DateEvent & SourcePrice
04/30/2021

Sold

MLS PIN #72792092

$1,000,000
03/07/2021

Under Agreement

MLS PIN #72792092

—
03/07/2021

Contingent

MLS PIN #72792092

—

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

Public records

50 Library Street

Baths

3.5

Total Finished SqFt

3,699 SqFt

Above Grade Finished SqFt

3,699 SqFt

Unfinished Basement SqFt

1,233 SqFt

Stories

3

Lot Size

3,591 SqFt

Schools near 50 Library Street

This home is within Chelsea School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 5 to 8
Public - 5 to 8
Rating
School
Distance
Clark Avenue School
Public5 to 8

Chelsea High School
Public9 to 12

Joseph A. Browne School
Public5 to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 50 Library Street, Chelsea, MA 02150
$1,000,000
10
3,699
3,591
$550,000
9
3,873
7,806
$550,000
–
3
3,882
7,806
$107,000
1
645
–
$123,000
3
–
–
$277,500
3
1,904
1,064

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty - Worcester, The Pouliot Team; Coldwell Banker Realty - Worcester, Marissa Mafera; Coldwell Banker Realty - Worcester, Jon Pouliot

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.