148 Walnut Street

Chelsea, MA 02150

$995,000
Last Sold Price
8
Beds
3
Baths
3,735 Sq. Ft.
$266 / Sq. Ft.
3,735
Sq. Ft.
$266
per Sq. Ft.

Description

The Property is a completely gut-rehabbed, condo-quality, turn-key asset located just off of Route 1, providing immediate access to the Tobin Bridge and Downtown Boston. With rents in place through 2023-24, the opportunity exists to acquire a stabilized asset in a continuously growing, high-demand real estate market. The 3-Bedroom units feature a room for a home office with the opportunity to convert it into a fourth bedroom, if desired. All of the floors (except in the bathrooms) are vinyl plank,...The Property is a completely gut-rehabbed, condo-quality, turn-key asset located just off of Route 1, providing immediate access to the Tobin Bridge and Downtown Boston. With rents in place through 2023-24, the opportunity exists to acquire a stabilized asset in a continuously growing, high-demand real estate market. The 3-Bedroom units feature a room for a home office with the opportunity to convert it into a fourth bedroom, if desired. All of the floors (except in the bathrooms) are vinyl plank, each of the kitchens have granite countertops, stainless steel Amana appliances including dishwashers and disposals, gas ranges and microwaves. All of the bathrooms feature new vanities with granite countertops, Delta faucets, American Standard toilets, and tile flooring. Additionally, the Property features a new Roof, Windows, Electrical System and Navien Tankless Combi-Boiler Systems for Heat and Hot Water. There is a coin-op laundry room and individual storage units in the basement.
  1. Listed by John Pentore • Horvath & Tremblay
  2. Listed by Dennis Kelleher • Horvath & Tremblay

Property Details for 148 Walnut Street

Town
Chelsea
Area
MA-Chelsea
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

Sold By Horvath & Tremblay, John Pentore

Add your commute
LISTING UPDATED: 08/07/2023 03:55 PM

Property Details for 148 Walnut Street

StatusSold
MLS #73119095
Days on Market14
Taxes$13,971 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountySuffolk County

Location

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

Sold By Horvath & Tremblay, John Pentore

Add your commute

Building Information for 148 Walnut Street

Stories6Residences3Year Built1900Building Size-Lot Size0.03 AC / 1,437 SF

Payment Calculator

$6,594 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$1,164

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 148 Walnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
  • Current Financing: Other
  • Living Area: 3735.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Gas Water Heater
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Storage
  • Laundry Features: Laundry Room
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 1287625
  • Assessments: $1,128,500
  • Book: 64862
  • Tax Year: 2023
  • Zoning: R
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Other
Income / Expenses
  • GOI: $88,800.00
  • GRE: $29,334
  • NOI: $59,466.00
  • Operating Expense: $29,334.00
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: $7,300.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 148 Walnut 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 148 Walnut Street

Taxable ValueLand$112,200Additions$1,016,300Total$1,128,500
Tax Record2023$13,971 ($1,164 / month)
Home Facts
Baths3Total Finished SqFt3,735 SqFtAbove Grade Finished SqFt3,735 SqFtUnfinished Basement SqFt1,191 SqFtStories3Lot Size1,428 SqFtStyleTriplexYear Built1900ZoningR3CountySUFFOLKAPNCHEL M:037 P:022

Schools near 148 Walnut 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 - PK to 1
Rating
School
Distance
Joseph A. Browne School
Public5 to 8

Chelsea High School
Public9 to 12

Shurtleff Early Childhood
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.

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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 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.

Listing Courtesy of Horvath & Tremblay, John Pentore; Horvath & Tremblay, Dennis Kelleher

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.