Unit Information
Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5-9 Family
- Zip Code: 02150
- Levels: 5
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 5
- Total Rooms: 18
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$1,375,000
- Listing ID: 73456489
- Bedrooms: 7
- Full Baths: 4
- Half Baths: 2
- Living Area: 4,060 sqft Convert
- Lot Size: 2,033 sqft Convert
- Acres: 0.05
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |