Multi Family

267 Broadway

Chelsea, MA 2150 · MLS 73516159

$8,700,000

14,800 sqft

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  • Beds—
  • Baths—
  • Sq Ft14,800
  • Year1930
  • Style—
  • $ / Sq Ft$588
  • HOA—
  • Taxes$38,119
  • Parking9
  • Lot6004.0
  • MLS73516159
  • StatusActive

About this home

Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$

Location

DirectionsMore in Chelsea

More about Chelsea

Chelsea Profile Snapshot
Primary Vibe Compact and diverse city with waterfront parks, growing dining, and transit access. Popular with buyers seeking relative value and convenience.
Housing Prices More approachable than many closer areas. Prices vary by condition and location. Multi-family homes offer rental potential.
Commute to Boston Silver Line and commuter rail provide access. Driving and bus options exist. Parking varies by location.
Schools Served by Chelsea Public Schools. Confirm assignments with the district.
Market Demand supported by transit and proximity. Updated properties near stations attract interest.
Housing Styles Multi-family homes, condominiums, and some newer developments. Condition varies.

Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.