240 Revere Beach Parkway

Chelsea, MA 02150

$1,050,000
Last Sold Price
12
Beds
3
Baths
4,098 Sq. Ft.
$256 / Sq. Ft.
4,098
Sq. Ft.
$256
per Sq. Ft.

Description

Large multi-family in prime location on Chelsea/Everett line. Easy access to RT 1, RT 16, and less than 15 minutes to Logan Airport and Encore Casino. A few blocks from various amenities such as banks, restaurants and markets. Many recent upgrades such as updated electric, tankless boilers, basement windows, stucco foundation, and much more! Property is turnkey and generating income at a 6.25 percent cap rate. Large storage room in basement can be rented out for additional income. All three units...Large multi-family in prime location on Chelsea/Everett line. Easy access to RT 1, RT 16, and less than 15 minutes to Logan Airport and Encore Casino. A few blocks from various amenities such as banks, restaurants and markets. Many recent upgrades such as updated electric, tankless boilers, basement windows, stucco foundation, and much more! Property is turnkey and generating income at a 6.25 percent cap rate. Large storage room in basement can be rented out for additional income. All three units are occupied with one unit TAW. Perfect for an investor or owner occupy! Note: Seller will be reviewing offers prior to open houses. Offers will be presented upon receipt.
  1. Listed by Daniel Huynh • Keller Williams Realty

Property Details for 240 Revere Beach Parkway

Town
Chelsea
MLS Area
Prattville
Area
MA-Chelsea-Prattville, MA-Chelsea
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Keller Williams Realty, Daniel Huynh

Sold By LAER Realty Partners, Jesse Leigh Malzone-Curran

Add your commute
LISTING UPDATED: 08/06/2022 07:50 AM

Property Details for 240 Revere Beach Parkway

StatusSold
MLS #72915377
Days on Market2
Taxes$10,412 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1800
CountySuffolk County

Location

Listing Courtesy of Keller Williams Realty, Daniel Huynh

Sold By LAER Realty Partners, Jesse Leigh Malzone-Curran

Add your commute

Building Information for 240 Revere Beach Parkway

Stories6Residences3Year Built1800Building Size-Lot Size0.12 AC / 5,200 SF

Payment Calculator

$6,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$868

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Revere Beach Parkway

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 4098.0
  • Color: Tan
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Sokolowski
  • High School: Chelsea High
  • Middle School: Clark Avenue
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Microwave, Refrigerator, Vent Hood), Unit 2(Dishwasher, Refrigerator), Unit 3(Dishwasher, Tankless Water Heater, Utility Connections for Electric Dryer
  • Basement Features: Partially Finished, Concrete Floor
  • 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
  • Flooring: Tile, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor
  • Interior Features: Unit 1(Bathroom With Tub & Shower, Programmable Thermostat), Unit 2(Bathroom With Tub & Shower, Unit 3(Upgraded Countertops, Bathroom With Tub & Shower, Unit 1 Rooms(Living Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Laundry Features: Washer Hookup
Exterior Features
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Fencing: Fenced/Enclosed
  • Roof Material: Rubber
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Tandem, On Street Permit
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Tandem, On Street Permit
  • Parking Features: Off-Street, Tandem, On Street Permit
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: Circuit Breakers
  • Green Energy Efficient: Thermostat
  • Heating: Unit 1(Hot Water Radiators, Gas), Unit 2(Hot Water Radiators, Unit 3(Hot Water Radiators
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: M:080 P:005,1290271
  • Assessments: $764,500
  • Book: 57888
  • Tax Year: 2021
  • Zoning: R1
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Granite
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • GOI: $81,600.00
  • NOI: $62,428.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • 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: $6,800.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0

Property History for 240 Revere Beach Parkway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 240 Revere Beach Parkway

Taxable ValueLand$204,800Additions$657,100Total$861,900
Tax Record2023$10,670 ($889 / month)
Home Facts
Baths3Total Finished SqFt4,098 SqFtAbove Grade Finished SqFt4,098 SqFtUnfinished Basement SqFt1,366 SqFtStories3Lot Size5,200 SqFtStyleTriplexYear Built1910ZoningR1CountySUFFOLKAPNCHEL M:080 P:005

Schools near 240 Revere Beach Parkway

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

Chelsea High School
Public9 to 12

Chelsea Opportunity Academy
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 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 Keller Williams Realty, Daniel Huynh

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.