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This great investment 2 family home with separate entrances for each unit is located just a short distance from Admiral Hill and the scenic waterfront area with stunning views of Boston.Unit 1 features a 2-bedroom/1 full bath and Unit 2 features 5 bedrooms and 2 full baths and Laundry in units. Enjoy modern windows, updated hardwood floors, kitchens, baths, and natural lighting living areas. Property has 2 parking spaces and an updated cozy, welcoming yard space for family gatherings and get togethers that add to the property's appeal.With plentiful ceiling heights, abundant natural light, and close proximity to parks, restaurants, supermarkets, public transportation, and major roadways. Close to the downtown-bound 111 bus stop ensures a convenient return from Boston, and it's just a 2-minute drive to Market Basket.Two blocks away, Broadway Street offers access to restaurants and a police station.As Chelsea continues to see a surge in value, this property is a great investment.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $72,000
  • Mls StatusSold
  • Parcel Number M:018 P:068

Tax Information

  • Tax Assessed Value $636,100
  • Tax Year 2023
  • Taxes$7,875

School Information

  • Elementary SchoolShurtleff Early
  • High SchoolChelmsford County
  • High School Chelsea High
  • Junior HighEugene Wright

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Tandem
  • Parking Spaces2

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Basic Information

  • List Price$749,000
  • MLS Number73183114
  • Modification Date01/11/2024
  • Property SubType2 Family - 2 Units Up/Down
  • Purchase Contract Date12/06/2023
  • Sale Date01/10/2024
  • Sale Price$762,000

Location

  • Address48 Chestnut Avenue
  • Building Number48
  • CountySuffolk
  • StateMA
  • StreetChestnut Avenue
  • TownChelsea
  • Zip02150

Building

  • BasementInterior Entry, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors
  • FoundationStone
  • Patio And Porch Features Porch
  • Rooms14
  • Stories3
  • Units2
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.03

Interior

  • Flooring Hardwood

Exterior

  • Exterior Features Porch, Fenced Yard
  • Fencing Fenced
  • RoofShingle

Utilities

  • Electric 100 Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,453
  • Lot Size Square Feet 1,514
  • Lot Size Units Acres
  • Square Feet2,453

Amenities

  • Amenities
    • Bike Path
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedUtility Connections for Gas Range
  • Other AmenitiesBasement

Legal

  • ZoningR3

Other

  • Buyer Agency Compensation2
  • Date Listed11/28/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count87

Map Location

Driving Directions

Listed by Viva Real Estate Team of eXp Realty

Listing Sold by United Brokers

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