Three-family building, located in appealing neighborhood in Chelsea. Convenient to shopping, transportation, restaurants, and downtown Boston. Has been diligently maintained by one owner for past 15 years and has stable rental history. Comprised of three floor-through units, each with private deck, large living room, eat-in-kitchen, and bath; first floor has two bedroom, second and third floors have three bedrooms each. All units have been recently updated, including: kitchens, bathrooms, walls, floors, windows. Heating and hot water tanks have been replaced as needed, new roof as of 2 years ago. Tenants pay all their own utilities except water/sewer. The building is attached to 41 Shawmut, its mirror image, which is also listed for sale by same owner…a rare opportunity to own one or two 3-unit buildings. Offers are due Tuesday, April 1 at 10:00 AM.
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Last Updated: March 31st, 2025 at 4:18pm
Gross Income: $78,600
Gross Expenses: $7,293
Net Income Calc: $71,307
CAP Rate: 7.51%
Annual Expenses for 39 Shawmut St, Chelsea MA 02150
Total Gross Expenses (Calculated)$7,293/year
APOD AvailableYes
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$7,293
Annual Income & Unit Breakdown for 39 Shawmut St, Chelsea MA 02150
Total Gross Income (Calculated)$78,600
Unit 1
Rental Income1950
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income2300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income2300
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 39 Shawmut St, Chelsea MA 02150
Listing ID73351415
Property TypeMulti Family / 3 Family
Price$950,000 ($367.79/SqFt)
Style
CityChelsea
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,583 SqFt
Approximate Lot Size (Acres)0.03 acres
Total Parking0
Garage Parking
Year Built1920
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual,Approximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 39 Shawmut St, Chelsea MA 02150
Disclosures for 39 Shawmut St, Chelsea MA 02150
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$0
Total Gross Income By Broker$91,500
Total Net Income By Broker$78,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 39 Shawmut St, Chelsea MA 02150
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Public Transportation
Contact Information for 39 Shawmut St, Chelsea MA 02150
