Home Homes for Sale 81 Chelsea St, Everett MA 02149
Price cut: $500K

$2,350,000
$490/sqft · Everett, MA
8Beds
8Baths
4,800Sqft
0.11 acresLot Size
81 Chelsea St, Everett MA 02149
Active Listed 90 days ago
5-9 Family Built in 1925 0.11 Acre Lot

What's Special

5-9 FamilyBuilt in 1925Price Reduced

81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns. Detached garage on the property presents additional opportunity. Can be sold as a package with 91 Chelsea St right next door - MLS #73535690.

Location

Property Details

Core Details

Property Type5-9 Family
Year Built1925
Parcel NumberM:K0 B:01 L:000186,482113
ZoningBD
Stories5
MLS #73505688

Space & Sizing

Living Area4,800 sqft
Above Grade3,800 sqft
Below Grade1,000 sqft
Total Rooms24
Bedrooms8
Bathrooms8
Lot Size0.11 acres

Features & Systems

Open Parking0
ConstructionBrick
FoundationBrick/Mortar
RoofRubber, Other
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Community Features
Highway Access Park Public School Public Transportation Sidewalks
Flooring
Laminate Vinyl
Levels
5
Lot Features
Level Other
Lead Paint
Unknown
Road Surface Type
Paved

Additional Information

Exclusions: None

Disclosures: Listing agent is the manager of the LLC that owns the building.

Directions: GPS

Financial Details

Annual Taxes$13,824 (2025)
Assessed Value$1,213,700
Gross Income$205,200
Operating Expense$13,217
Net Operating Income$166,000
Tax Book Number79136
Listed on Apr 22, 2026 Updated Jul 21, 2026 6:34 PM Middlesex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73505688

Mortgage Calculator

Estimate the cost of this home by adjusting the details below. This is an estimate only — actual amounts may vary.

$0/mo
Est. Total Monthly Payment

All calculations are estimates for informational purposes only. Actual amounts may vary based on lender, credit, and loan terms. Contact the listing agent for details. This calculator does not submit any application or affect your credit.

Nearby Homes

Other homes for sale within about 3 miles of this property.

Similar Homes

Other homes with a comparable price and bedroom count.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

0 homes selected

Compare Homes

Book a Visit

Schedule a showing for this property

Send Message

Ask about this property