101 Chelsea Street

Boston, MA 02128

$1,395,000
Price
8
Beds
3
Baths
2,780 Sq. Ft.
$502 / Sq. Ft.
2,780
Sq. Ft.
$502
per Sq. Ft.

Description

Investment Opportunity in East Boston! Discover convenience and comfort at 101 Chelsea Street. This meticulously maintained condo-quality 3-family residence is your ticket to hassle-free rental income. With all the hard work already done and countless updates throughout, there's nothing left for you to do but start collecting rents. Featuring hardwood floors, granite countertops, stainless steel appliances, and central air conditioning, each unit offers modern amenities for discerning tenants. What's...Investment Opportunity in East Boston! Discover convenience and comfort at 101 Chelsea Street. This meticulously maintained condo-quality 3-family residence is your ticket to hassle-free rental income. With all the hard work already done and countless updates throughout, there's nothing left for you to do but start collecting rents. Featuring hardwood floors, granite countertops, stainless steel appliances, and central air conditioning, each unit offers modern amenities for discerning tenants. What's more, rest easy knowing that all units come with a de-leading letter of compliance. Located in vibrant E. Boston, this property boasts proximity to E. Boston Memorial Park, and sits equidistant between Airport Station and Maverick on the Blue Line, ensuring effortless commuting. Enjoy quick access to Route 1 and Route 90, along with being just blocks away from East Boston's stunning waterfront. Plus, with Boston proper just a breeze away, this is an investment you don't want to miss!
  1. Listed by Zachary Conley • NextGen Realty, Inc.
  2. Listed by Kimberly Donovan • NextGen Realty, Inc.

Property Details for 101 Chelsea Street

Town
Boston
MLS Area
East Boston
Area
MA-Boston-East Boston, MA-Boston
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of NextGen Realty, Inc., Zachary Conley; NextGen Realty, Inc., Kimberly Donovan
Add your commute
LISTING UPDATED: 04/09/2024 03:10 AM

Property Details for 101 Chelsea Street

StatusActive
MLS #73203640
Days on Market64
Taxes$12,161 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1910
CountySuffolk County

Location

Listing Courtesy of NextGen Realty, Inc., Zachary Conley; NextGen Realty, Inc., Kimberly Donovan
Add your commute

Building Information for 101 Chelsea Street

Stories6Residences3Year Built1910Building Size-Lot Size0.05 AC / 2,000 SF

Payment Calculator

$8,627 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$1,013

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 101 Chelsea Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station, University, Other (See Remarks)
  • Living Area: 2780.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Interior Access
  • 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: Wood
  • SpaYN: No
  • Window Features: Insulated Windows, Storm Window(s)
Exterior Features
  • Construction: Frame
  • Lot Description: Other
  • Roof Material: Rubber
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Other
  • Parking Features: Other
Utilities
  • Electric: 220 Volts
  • 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: Rents are for the renewal price. If tenants do not renew then rents are $3100,$3595,$3595. Client gives the existing tenants a little discount off market rents. Current rents are $2750,$3275 & $3000
Tax Information
  • Listing Terms: Other (See Remarks)
  • Tax ID: 1332045
  • Assessments: $1,132,300
  • Book: 57215
  • Tax Year: 2023
  • Zoning: 3 family
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
Income / Expenses
  • Electricity: $400.00
  • Annual Expenses Source: Estimated, Other (See Remarks)
  • GOI: $115,800.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,900.00
  • GRE: $23,019
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $4,300
  • NOI: $92,781.00
  • Operating Expense: $23,019.00
  • WSE: $1,650.00
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: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 101 Chelsea Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 101 Chelsea Street

Taxable ValueLand$244,500Additions$887,800Total$1,132,300
Tax Record2023$12,161 ($1,013 / month)
Home Facts
Baths3Total Finished SqFt2,780 SqFtAbove Grade Finished SqFt2,780 SqFtStories3Lot Size2,000 SqFtStyleTriplexYear Built1910Year Renovated2017ZoningR3CountySUFFOLKAPNEBOS W:01 P:03841 S:000

Schools near 101 Chelsea Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 1
Rating
School
Distance
Dante Alighieri
PublicPK to 6

McKay K-8 School
PublicPK to 8

East Boston High School
Public9 to 12

East Boston Early Childhood Center
PublicPK to 1

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

101 Chelsea Street is a multi-family home for sale in Boston, MA 02128. This property was listed for sale on February 19, 2024 by NextGen Realty, Inc., it's currently listed at $1,395,000. It has been on the market for a total of 64 days and was last sold on December 5, 2016. This listing's school district is Boston School District. Nearby schools include Dante Alighieri, McKay K-8 School and East Boston High School. 101 Chelsea Street is a 8-bed, 3-bath, 2,780 sqft multi-family home built in 1910.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of NextGen Realty, Inc., Zachary Conley; NextGen Realty, Inc., Kimberly Donovan

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.