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Rare opportunity to own a generational family-owned multi-family with excellent cash-flow potential! This property offers 9 bedrooms and 3 bathrooms across 3 units, each with separate heating, hot water, and electricity. Heating is gas for efficiency and cost saving. The roof was recently done and it's only 4 years old. There is on & off street parking this property is located directly next to a residential parking lot named after the original owner of this property Grant Bennett Jr.Conveniently located near schools, shopping centers, & just a 3-minute walk to the bus stop with routes to multiple destinations, and only minutes from Boston and major highways. Ideal for investors or owner-occupants, offering strong rental potential in a prime location in Chelsea.

More Info

Basic Information

  • Contingency Financing
  • Gross Income $74,400
  • Lot Features Other
  • Mls StatusUnder Agreement
  • Parcel Number M:038 P:033,1287687

Tax Information

  • Tax Assessed Value $788,500
  • Tax Year 2025
  • Taxes$9,076

School Information

  • Elementary SchoolJoseph A. Brown School
  • High School Chelsea High School

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$1,099,000
  • MLS Number73427640
  • Modification Date10/15/2025
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date09/27/2025
  • Virtual TourView Tour

Location

  • Address230 Chestnut Street
  • Building Number230
  • CountySuffolk
  • StateMA
  • StreetChestnut Street
  • TownChelsea
  • Zip02150

Building

  • BasementFull, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Stone
  • FoundationConcrete Perimeter
  • Levels 6
  • Rooms18
  • Stories6
  • Units3
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.05

Interior

  • Flooring Wood
  • Interior Features Living Room, Dining Room, Kitchen

Exterior

  • RoofWood

Utilities

  • Electric 110 Volts
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,164
  • Lot Size Square Feet 2,142
  • Lot Size Units Acres
  • Square Feet4,164

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement, Tennis

Legal

  • ZoningR3

Other

  • Date Listed09/08/2025
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Ventsi Kichikov of Real Broker MA,LLC

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