23-25 Division Street
23-25 Division Street
$1,395,000
7
4
2
4,060
4,060
$344
Description
Two buildings for the price of one! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with...Two buildings for the price of one! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.
- Listed by The Residential Group • William Raveis R.E. & Home Services
- Listed by Jason Manganello • William Raveis R.E. & Home Services
Property Details for 23-25 Division Street
Town
Chelsea
AreaMA-Chelsea
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 04/18/2024 05:59 PM
Property Details for 23-25 Division Street
Status | Active |
---|---|
MLS # | 73220764 |
Days on Market | 25 |
Taxes | $16,546 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1900 |
County | Suffolk County |
Location
Building Information for 23-25 Division Street
Stories8Residences5Year Built1900Building Size-Lot Size0.05 AC / 2,033 SF
Payment Calculator
$8,992 per month
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Property Information for 23-25 Division Street
Property History for 23-25 Division Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 23-25 Division 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 | ||
Eugene Wright Science And Technology Academy 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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