LRG Boston
(617) 233-5800
355 Boylston St
Boston, Ma 02116
23-25 Division Street
Chelsea, MA
Property Description
TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.
offered at
$1,350,000
- Listing ID: 73220764
- Bedrooms: 7
- Full Baths: 4
- Half Baths: 2
- Living Area: 4,060 sqft Convert
- Lot Size: 2,033 sqft Convert
- Acres: 0.05
Additional Details
Type: Multi-Family, 5-9 Family
Zip Code: 02150
Living Levels: 8
Rooms and Dimensions
Total Units: 5
Total Floors: 8
Total Rooms: 17
Contact: LRG Boston at (617) 233-5800
LRGBOSTON.COM
355 Boylston St. Boston, MA 02116