Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.
3,712 Sq Ft
7,200 Sq Ft Exterior Space
Investment
$14,880 Annual Tax
Built in 1900
MLS/Listing ID 73389751
5 Stories
6 Units
Community - Public Transportation
Community - Shopping
Dryer
Washer
Community - Medical Facility
Community - Highway Access
Parking - Off Street
Parking - Paved
Heating - Natural Gas
Block
Brick Mortar
Construction - Frame
Rubber
Deck - Wood
Mudroom
Listing Courtesy of COLDWELL BANKER REALTY - BOSTON, PETER GIANNIKOPOULOS - 617-733-2519
Source of Data: MLS PROPERTY INFORMATION NETWORK