Everett Real Estate, 238 Chelsea Street: LRG Boston, #73592372

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238 Chelsea Street, Everett, MA

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Unit Information

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.

Additional Details: Status: New; Type: Multi-Family, Multi Family; Zip Code: 02149; Levels: 3
Parking: Garage Capacity: 15; Parking: Off Street,Driveway; Parking Spaces: 15

Rooms and Dimensions: Total Units: 26; Total Floors: 3; Total Rooms: 40; Has Basement: Yes

$6,100,000

Status: New
Listing ID: 73592372
Bedrooms: 26
Full Baths: 26
Living Area: 15,464 sqft 1,437 m² Convert
Lot Size: 14,810 sqft 1,376 m² Convert
Acres: 0.34
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