Overview Property Details Payment Calculator Walkability

Active

114 Chestnut St, Chelsea MA 02150

$1,599,000

Estimated $21,031.53/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $399,750

Total Rent: 102000/year

Estimated CAP Rate: 5.68%

8 Bedrooms

4 Full Baths

0 Parking Spots

0.21 acres

ATTENTION DEVELOPERS: Chelsea Sq opportunity now available. This 9000 sq ft lot located in the R-2 District is one block away from Chelsea Sq and exit/on ramps for the Tobin Bridge. The property includes an existing 4 unit multifamily currently rented out and an additional p...

This home has been viewed 95 times

Last Updated: April 4th, 2025 at 11:38pm

Gross Income: $102,000

Gross Expenses: $11,179

Net Income Calc: $90,821

CAP Rate: 5.68%

Annual Expenses for 114 Chestnut St, Chelsea MA 02150

Total Gross Expenses (Calculated)$11,179/year

APOD AvailableNo

Heating$0

Electricity$0

Water$0

Gas$0

Insurance$0

Sewer$0

Trash Removal$0

Repair & Maintenance$0

Management$0

Miscellaneous$0

Real Estate Tax$11,179

Annual Income & Unit Breakdown for 114 Chestnut St, Chelsea MA 02150

Total Gross Income (Calculated)$102,000

Unit 1

Rental Income2000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income2000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income2250

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income2250

Lease

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit

HeatingNo

Rent Includes

General Information for 114 Chestnut St, Chelsea MA 02150

Listing ID73293925

Property TypeMulti Family / 4 Family

Price$1,599,000 ($364.07/SqFt)

Style

CityChelsea

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total4,392 SqFt

Approximate Lot Size (Acres)0.21 acres

Total Parking0

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year RenovatedN/A

Year Built DetailsRenovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesOther

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Interior Features for 114 Chestnut St, Chelsea MA 02150

Disclosures for 114 Chestnut St, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$102,000

Total Net Income By Broker$102,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Location Information for 114 Chestnut St, Chelsea MA 02150

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 114 Chestnut St, Chelsea MA 02150

Agent

Name: Roy Avellaneda

MLS ID: BB921279

Office ID: AN7597

National Association ID: 449522162

Phone: 617-212-4658

City: Chelsea

State: MA

Office

Name: Metropolitan Boston Real Estate, LLC

MLS Office ID: AN7597

Phone: 617-425-6300

Payment Calculator

$21,031.53 per month

30 Years Fixed, 6.75% Interest

Property Taxes $11,179.00

Principal & Interest $9,852.53

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Metropolitan Boston Real Estate, LLC

Roy Avellaneda

Agent Phone

(617) 212-4658

Office Phone

(617) 425-6300

Text Agent Call Agent Call Office

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[field_3248] => Array
                (
                    [field_id] => 3248
                    [type] => datetime
                    [name] => OriginalEntryTimestamp
                    [value] => 24/09/2024 13:24:00
                )

[field_3253] => Array
                (
                    [field_id] => 3253
                    [type] => number
                    [name] => MLSPIN_BEDRMS_1
                    [value] => 2
                )

[field_3254] => Array
                (
                    [field_id] => 3254
                    [type] => number
                    [name] => MLSPIN_BEDRMS_2
                    [value] => 2
                )

[field_3255] => Array
                (
                    [field_id] => 3255
                    [type] => number
                    [name] => MLSPIN_BEDRMS_3
                    [value] => 3
                )

[field_3256] => Array
                (
                    [field_id] => 3256
                    [type] => number
                    [name] => MLSPIN_BEDRMS_4
                    [value] => 3
                )

[field_3260] => Array
                (
                    [field_id] => 3260
                    [type] => text
                    [name] => MLSPIN_DISCLOSURE
                    [value] => N
                )

[field_3261] => Array
                (
                    [field_id] => 3261
                    [type] => number
                    [name] => MLSPIN_F_BTHS_1
                    [value] => 1
                )

[field_3262] => Array
                (
                    [field_id] => 3262
                    [type] => number
                    [name] => MLSPIN_F_BTHS_2
                    [value] => 1
                )

[field_3263] => Array
                (
                    [field_id] => 3263
                    [type] => number
                    [name] => MLSPIN_F_BTHS_3
                    [value] => 1
                )

[field_3264] => Array
                (
                    [field_id] => 3264
                    [type] => number
                    [name] => MLSPIN_F_BTHS_4
                    [value] => 1
                )

[field_3265] => Array
                (
                    [field_id] => 3265
                    [type] => price
                    [name] => MLSPIN_GRE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3266] => Array
                (
                    [field_id] => 3266
                    [type] => price
                    [name] => MLSPIN_HTE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3267] => Array
                (
                    [field_id] => 3267
                    [type] => number
                    [name] => MLSPIN_H_BTHS_1
                    [value] => 0
                )

[field_3268] => Array
                (
                    [field_id] => 3268
                    [type] => number
                    [name] => MLSPIN_H_BTHS_2
                    [value] => 0
                )

[field_3272] => Array
                (
                    [field_id] => 3272
                    [type] => text
                    [name] => MLSPIN_LEAD_PAINT
                    [value] => None
                )

[field_3273] => Array
                (
                    [field_id] => 3273
                    [type] => number
                    [name] => MLSPIN_LEVELS_1
                    [value] => 1
                )

[field_3274] => Array
                (
                    [field_id] => 3274
                    [type] => number
                    [name] => MLSPIN_LEVELS_2
                    [value] => 1
                )

[field_3277] => Array
                (
                    [field_id] => 3277
                    [type] => text
                    [name] => MLSPIN_MAIN_LO
                    [value] => AN7597
                )

[field_3280] => Array
                (
                    [field_id] => 3280
                    [type] => number
                    [name] => MLSPIN_MARKET_TIME_PROPERTY
                    [value] => 192
                )

[field_3281] => Array
                (
                    [field_id] => 3281
                    [type] => price
                    [name] => MLSPIN_MGF
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3282] => Array
                (
                    [field_id] => 3282
                    [type] => price
                    [name] => MLSPIN_MSE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3285] => Array
                (
                    [field_id] => 3285
                    [type] => price
                    [name] => MLSPIN_OPTIONAL_FEE
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3290] => Array
                (
                    [field_id] => 3290
                    [type] => price
                    [name] => MLSPIN_PRICE_PER_SQFT
                    [raw] => 364.07
                    [unit_id] => 260
                    [value] => $364
                    [price_only] => $364
                )

[field_3292] => Array
                (
                    [field_id] => 3292
                    [type] => price
                    [name] => MLSPIN_RFS
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3293] => Array
                (
                    [field_id] => 3293
                    [type] => price
                    [name] => MLSPIN_RME
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3301] => Array
                (
                    [field_id] => 3301
                    [type] => select
                    [name] => RoomMasterBathroomFeatures
                    [value] => Yes
                )

[field_3306] => Array
                (
                    [field_id] => 3306
                    [type] => price
                    [name] => GrossScheduledIncome
                    [raw] => 0
                    [unit_id] => 260
                    [value] => $0
                    [price_only] => $0
                )

[field_3307] => Array
                (
                    [field_id] => 3307
                    [type] => number
                    [name] => MLSPIN_FLRS_1
                    [value] => 1
                )

[field_3308] => Array
                (
                    [field_id] => 3308
                    [type] => number
                    [name] => MLSPIN_FLRS_2
                    [value] => 1
                )

[field_3309] => Array
                (
                    [field_id] => 3309
                    [type] => number
                    [name] => MLSPIN_FLRS_3
                    [value] => 2
                )

[field_3310] => Array
                (
                    [field_id] => 3310
                    [type] => number
                    [name] => MLSPIN_FLRS_4
                    [value] => 2
                )

[field_3311] => Array
                (
                    [field_id] => 3311
                    [type] => number
                    [name] => BRE_Total_Parking
                    [value] => 0
                )

[field_3320] => Array
                (
                    [field_id] => 3320
                    [type] => boolean
                    [name] => Waterfront
                    [value] => No
                )

[field_3323] => Array
                (
                    [field_id] => 3323
                    [type] => text
                    [name] => Levels In Unit
                    [value] => 6
                )

)

[unit_level] => 
    [levels_in_unit] => 2024-09-24
    [construction_status] => 
    [laundry_features] => Array
        (
        )

[outdoor_space_available] => Array
        (
        )

[building_name] => 
    [pet_policy] => Array
        (
        )

[building_management] => Array
        (
        )

[number_of_units] => 4
    [units_owner_occupied] => 0
    [parking_features] => Array
        (
        )

[building_amenities] => Array
        (
        )

[owner_occupancy_source] => 
    [documents_available] => Array
        (
        )

[optional_price] => 0
    [optional_fee_includes] => Array
        (
        )

[structure_type] => Array
        (
        )

[complex_complete] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [date_available_note] => 
    [first_month_required] => Array
        (
        )

[last_month_required] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deposit_amount] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[lease_term] => Array
        (
        )

[interior_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[property_sub_type] => Array
        (
            [0] => 4 Family
        )

[number_of_lots] => Array
        (
        )

[gas] => Array
        (
        )

[cultivation_acres] => None
    [pasture_area] => None
    [timber_acres] => None
    [perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [association_required] => Array
        (
        )

[view] => Array
        (
        )

[deqe] => 
    [real_estate_tax] => $11,179
    [total_gross_income] => 102000
    [total_gross_expense] => 11179
    [net_income_calc] => 90821
    [cap_rate] => 5.68%
    [apod_available] => Array
        (
            [0] => No
        )

[heating_expense] => Array
        (
            [0] => $0
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[water_expense] => Array
        (
            [0] => $0
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[insurance_expense] => Array
        (
            [0] => $0
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[trash_expense] => Array
        (
            [0] => $0
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[management_expense] => Array
        (
            [0] => $0
        )

[miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[unit_1_rent] => Array
        (
            [0] => 2000
        )

[unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_bedrooms] => 2
    [unit_1_bathrooms] => 1 Full
    [unit_1_floor] => 1
    [unit_1_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 2000
        )

[unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_bedrooms] => 2
    [unit_2_bathrooms] => 1 Full
    [unit_2_floor] => 1
    [unit_2_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 2250
        )

[unit_3_lease] => Array
        (
        )

[unit_3_bedrooms] => 3
    [unit_3_bathrooms] => 1 Full
    [unit_3_floor] => 2
    [unit_3_levels] => 
    [unit_4_rent] => Array
        (
            [0] => 2250
        )

[unit_4_lease] => Array
        (
        )

[unit_4_bedrooms] => 3
    [unit_4_bathrooms] => 1 Full
    [unit_4_floor] => 2
    [unit_4_levels] => 
    [hot_water] => Array
        (
        )

[basement] => Array
        (
        )

[foundation_materials] => Array
        (
            [0] => Stone
        )

[patio_and_porch] => Array
        (
        )

[zoning_details] => 
    [terms] => Array
        (
        )

[financial_data_source] => Array
        (
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $102,000
        )

[net_operating_income] => Array
        (
            [0] => $102,000
        )

[short_sale] => 
    [price_per_unit] => 399750
)

EXIT

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Active

114 Chestnut St, Chelsea MA 02150

$1,599,000

Annual Expenses for 114 Chestnut St, Chelsea MA 02150

Annual Income & Unit Breakdown for 114 Chestnut St, Chelsea MA 02150

General Information for 114 Chestnut St, Chelsea MA 02150

Interior Features for 114 Chestnut St, Chelsea MA 02150

Disclosures for 114 Chestnut St, Chelsea MA 02150

Location Information for 114 Chestnut St, Chelsea MA 02150

Contact Information for 114 Chestnut St, Chelsea MA 02150

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Exclusive Listing Agent

Metropolitan Boston Real Estate, LLC

Roy Avellaneda