Description
81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns. Detached garage on the property presents additional opportunity. Can be sold as a package with 91 Chelsea St right next door - MLS #73535690.
Details
| MLS # | 73505688 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1925 |
| Days On Site | 190 |
| Listing Provided By | ENRG Global Realty, LLC | Saad Munir |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 4,800 |
| Basement | Y |
| Story(s) | 5 |
| Units | 8 |
| Zoning | BD |
| Acreage | 0.11 |
Interior
| Rooms Total | 24 |
|---|---|
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Vinyl, Laminate |
Exterior
| Roof | Rubber, Other |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
| Lot Features | Level, Other |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 13824 |
|---|---|
| Tax Assessed Value | 1213700 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Park, Highway Access, Public School, Sidewalks |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Middlesex |
| City | Everett |
| Zip Code | 02149 |
| Area | Middlesex |
| Listing VS Median (in 02149) | |
Price: $2,350,000 low | high Med: $259,000 sqft: 4,800 low | high Med: 565 $ / sqft: $490 low | high Med: $458 On site: 190 low | high Med: 35 | |
Market Activity 02149
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Learn More About This Property
| State | MA |
|---|---|
| County | Middlesex |
| City | Everett |
| Zip Code | 02149 |
| Area | Middlesex |
| Listing VS Median (in 02149) | |
Price: $2,350,000 low | high Med: $259,000 sqft: 4,800 low | high Med: 565 $ / sqft: $490 low | high Med: $458 On site: 190 low | high Med: 35 | |