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You are here:
Contingent
Price Reduced $105,000
30 Photos
$1,395,000
3 Unit
8 Beds
3 Baths
2780 SQFT
0.05 Acre
101 Chelsea Street
Boston, MA 02128

Property Description

Investment Opportunity in East Boston! Discover convenience and comfort at 101 Chelsea Street. This meticulously maintained condo-quality 3-family residence is your ticket to hassle-free rental income. With all the hard work already done and countless updates throughout, there's nothing left for you to do but start collecting rents.Featuring hardwood floors, granite countertops, stainless steel appliances, and central air conditioning, each unit offers modern amenities for discerning tenants. What's more, rest easy knowing that all units come with a de-leading letter of compliance. Located in vibrant E. Boston, this property boasts proximity to E. Boston Memorial Park, and sits equidistant between Airport Station and Maverick on the Blue Line, ensuring effortless commuting. Enjoy quick access to Route 1 and Route 90, along with being just blocks away from East Boston's stunning waterfront. Plus, with Boston proper just a breeze away, this is an investment you don't want to miss!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Interior Access

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Other (See Remarks)
  • Gross Operating Income: 115800
  • Gross Expenses: 23019
  • Electric Expenses: 400
  • Water/Sewer: 1650
  • INSC: 3900
  • Repairs & Maintenance: 4300
  • Net Operating Income: 92781

Utilities

  • Electric Info: 220 Volts, At Street
  • Energy Features: Insulated Doors, Insulated Windows, Storm Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73203640
  • Last Updated: 04/26/24
  • Terms: Other (See Remarks), Special

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/26/2024Contingent$1,395,000$502MLSPIN
04/09/2024Active$1,395,000$502MLSPIN
04/05/2024Price Change$1,395,000$502MLSPIN
03/24/2024Active$1,425,000$513MLSPIN
03/20/2024Price Change$1,425,000$513MLSPIN
02/23/2024Active$1,500,000$540MLSPIN
02/19/2024New$1,500,000$540MLSPIN
08/29/2022Canceled$1,500,000$540MLSPIN
07/16/2022Active$1,425,000$513MLSPIN
07/12/2022Price Change$1,425,000$513MLSPIN
06/18/2022Active$1,425,000$513MLSPIN
06/18/2022Active$1,450,000$522MLSPIN
06/14/2022Price Change$1,450,000$522MLSPIN
06/05/2022Active$1,475,000$531MLSPIN
06/01/2022Price Change$1,475,000$531MLSPIN
05/06/2022Active$1,475,000$531MLSPIN
05/06/2022Active$1,495,000$538MLSPIN
05/05/2022New$1,495,000$538MLSPIN
05/02/2022New$1,495,000$538MLSPIN
05/02/2022Active$1,495,000$538MLSPIN
05/02/2022Active$1,495,000$538MLSPIN

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Seller's Representative: Zachary Conley, NextGen Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 2.5
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2024 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 2024-04-26 17:39:00

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