68 Clark Avenue

Chelsea, MA 02150

$910,000
Last Sold Price
10
Beds
3
Baths
5,151 Sq. Ft.
$177 / Sq. Ft.
5,151
Sq. Ft.
$177
per Sq. Ft.

Description

Fully renovated in 2006; This Professionally managed building has been well maintained over the years and needs nothing! All three units are occupied with long term Tenants that have no intentions on leaving. This CASH COW is producing $84k a year and growing! The building features 10 bedrooms and 3 bathroom with all hardwood floors and separate utilities. Great location, just a short 10 min walk to Silver Line; Bellingham Sq train station. Great turn-key income producing opportunity. Showings by...Fully renovated in 2006; This Professionally managed building has been well maintained over the years and needs nothing! All three units are occupied with long term Tenants that have no intentions on leaving. This CASH COW is producing $84k a year and growing! The building features 10 bedrooms and 3 bathroom with all hardwood floors and separate utilities. Great location, just a short 10 min walk to Silver Line; Bellingham Sq train station. Great turn-key income producing opportunity. Showings by appointment and seriously inquiries only.
  1. Listed by Leland E. Dimeco • Boston Green Realty
  2. Listed by Suzanne DiMeco • Boston Green Realty

Property Details for 68 Clark Avenue

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

Location

Listing Courtesy of Boston Green Realty, Leland E. Dimeco; Boston Green Realty, Suzanne DiMeco

Sold By Blue Ocean Realty, LLC, Rose Hall

Add your commute
LISTING UPDATED: 08/06/2022 07:33 AM

Property Details for 68 Clark Avenue

StatusSold
MLS #72750005
Days on Market44
Taxes$9,370 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountySuffolk County

Location

Listing Courtesy of Boston Green Realty, Leland E. Dimeco; Boston Green Realty, Suzanne DiMeco

Sold By Blue Ocean Realty, LLC, Rose Hall

Add your commute

Building Information for 68 Clark Avenue

Stories6Residences3Year Built1900Building Size-Lot Size0.05 AC / 2,160 SF

Payment Calculator

$5,747 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,966

Property Taxes

$781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 68 Clark Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Highway Access, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 5151.0
  • Color: Grey
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Full
  • 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: Hardwood
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Brick
  • Roof Material: Rubber
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All units were leased,but expired in 2019. Due to long term tenancy (5+years) owner didn't bother to put them in another lease. Great tenants! Laundry machines not owned by Seller,but rather leased. Buyer to perform own due diligence.
Tax Information
  • Tax ID: M:058 P:022,1288774
  • Assessments: $691,800
  • Book: 58605
  • Tax Year: 2020
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $253.00
  • Annual Expenses Source: Owner
  • GOI: $84,069.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,431.00
  • GRE: $9,948
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $0
  • RME: $0
  • NOI: $74,121.00
  • Operating Expense: $9,948.00
  • WSE: $6,264.00
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: $7,005.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.0

Property History for 68 Clark Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 68 Clark Avenue

Taxable ValueLand$148,200Additions$782,600Total$930,800
Tax Record2023$11,523 ($960 / month)
Home Facts
Baths3Total Finished SqFt4,095 SqFtAbove Grade Finished SqFt4,095 SqFtUnfinished Basement SqFt1,365 SqFtStories3Lot Size2,160 SqFtStyleTriplexYear Built1900ZoningR2CountySUFFOLKAPNCHEL M:058 P:022

Schools near 68 Clark Avenue

This home is within Chelsea School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 1 to 4
Public - 1 to 6
Rating
School
Distance
Clark Avenue School
Public5 to 8

Chelsea High School
Public9 to 12

William A Berkowitz Elementary School
Public1 to 4

George F. Kelly Elementary School
Public1 to 6

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

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Similar Sold Homes

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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 Boston Green Realty, Leland E. Dimeco; Boston Green Realty, Suzanne DiMeco

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.