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You are here:
Home Massachusetts Chelsea Multi-Family Homes for Sale

4 Warren Ave Chelsea, MA 02150

177 Days on Boston Pads
Price Reduced $255,000
19 Photos
$1,395,000
6 Unit
12 Beds
6 Baths
3712 SQFT
0.17 Acre
4 Warren Ave
Chelsea, MA 02150

Property Description

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.

Property Overview

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 12
  • Total Full Baths: 6
  • Amenities: Highway Access, Medical Facility, Public Transportation, Shopping
  • Basement Features: Finished, Full, Other (See Remarks)
  • Common Rooms: Mudroom
  • Common Appliances: Dryer, Washer
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 11400
  • Net Operating Income: 117000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Concrete Block
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73389751
  • Last Updated: 12/02/25

Date Event Price Price/Sq Ft Source
12/02/2025Price Change$1,395,000$376MLSPIN
11/10/2025Active$1,550,000$418MLSPIN
11/06/2025Extended$1,550,000$418MLSPIN
09/22/2025Active$1,550,000$418MLSPIN
09/18/2025Price Change$1,550,000$418MLSPIN
06/15/2025Active$1,650,000$445MLSPIN
06/11/2025New$1,650,000$445MLSPIN

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View Breakdown

Map & Resources

Shore Educational Collaborative School

Collaborative Program

0.18mi

Chelsea High School

Public Secondary School, Grades: 9-12

0.35mi

Chelsea Opportunity Academy

Public Secondary School, Grades: 9-12

0.35mi

Metro Pizza

Pizzeria

0.19mi

Pizza Lovers

Pizzeria

0.2mi

Dunkin'

Donut & Coffee Shop

0.2mi

Rincon Latinos

Latin American Restaurant

0.21mi

Tres Gatos

Brazilian Restaurant

0.42mi

Man's Best Friend

Pet Grooming

0.41mi

Engine Number 1 Fire Station

Fire Station

0.18mi

Prattville Fire Station

Fire Station

0.19mi

Chelsea Fire Department

Fire Station

0.54mi

Quigley Memorial Hospital

Hospital

0.16mi

CHA Everett Hospital

Hospital

0.51mi

Memorial Stadium

Stadium

0.34mi

Bellingham-Cary House

Museum

0.4mi

Malone Park

State Park

0.03mi

Carter Playground

Park

0.2mi

Washington Park

Municipal Park

0.21mi

Eden Street Park

Park

0.33mi

Sidney I. Shapiro Playground

Municipal Park

0.35mi

John Ruiz Park

Park

0.36mi

Voke Park

Municipal Park

0.44mi

Mill Creek Riverwalk

Nature Reserve

0.42mi

Washington Park Playground

Playground

0.22mi

Judie Dyer Park

Playground

0.32mi

Roche Park

Playground

0.34mi

Howard Park

Playground

0.45mi

D. Rosmy Beauty Salon

Hairdresser

0.17mi

Hollywood Salon

Hairdresser

0.22mi

Marconi Castle Skincare

Beauty

0.35mi

Prestige Barbershop

Hairdresser

0.41mi

Shell

Gas Station

0.39mi

Shell

Gas Station

0.4mi

Sunoco

Gas Station

0.45mi

Metro Credit Union

Bank

0.14mi

Shop and Go American and Spanish Groceries

Convenience

0.18mi

Prattville Mart

Convenience

0.22mi

PitStop

Convenience

0.4mi

Union Street Market

Convenience

0.41mi

Burlington

Department Store

0.4mi

Summit Ave @ Lafayette Ave

112

0.03mi

296 Washington Ave opp Jefferson Ave

111

0.07mi

Washington Ave @ Jefferson Ave

111
112

0.08mi

Washington Ave opp Carmel St

111

0.11mi

325 Washington Ave

111
112

0.12mi

Washington Ave @ Reynolds Ave

111
112

0.13mi

Washington Ave @ Carmel St

111

0.14mi

Washington Ave @ Revere Beach Pkwy

111

0.15mi

Seller's Representative: Peter Giannikopoulos, Coldwell Banker Realty - Boston
MLS ID#: 73389751

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-12-02 17:15:00

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