Listing Tools

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

More Info

Basic Information

  • Gross Income $476,374
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number 483854
  • Rent Includes Unit 1(Heat, Hot Water)

Tax Information

  • Tax Assessed Value $3,873,200
  • Tax Year 2026
  • Taxes$48,880

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Driveway
  • Parking Spaces15

Rooms

  • Bathroom26
  • Bathrooms Total Decimal 26
  • Bedrooms26
  • Full Bath26

Basic Information

  • List Price$6,100,000
  • MLS Number73592372
  • Modification Date10/19/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address238 Chelsea Street
  • Building Number238
  • CountyMiddlesex
  • StateMA
  • StreetChelsea Street
  • TownEverett
  • Zip02149

Building

  • BasementFull, Finished
  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationSlab
  • Levels 3
  • Rooms40
  • Stories3
  • Units26
  • Utilities For Gas Range
  • Year Built1970
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.34

Interior

  • Flooring Tile

Exterior

  • RoofRubber

Utilities

  • Electric Circuit Breakers, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 15,464
  • Lot Size Square Feet 14,810
  • Lot Size Units Acres
  • Square Feet15,464

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Legal

  • ZoningDD

Other

  • Date Listed10/19/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Tony Pepdjonovic of Marcus & Millichap Real Estate Investment Services

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Castles Unlimited. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.