Home Homes for Sale 148 Congress Ave, Chelsea MA 02150
Price cut: $105K

$985,000
$251/sqft · Chelsea, MA
11Beds
3Baths
3,924Sqft
0.08 acresLot Size
148 Congress Ave, Chelsea MA 02150
Active Listed 56 days ago
3 Family Built in 1920 0.08 Acre Lot

What's Special

3 FamilyBuilt in 1920Price Reduced

Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.

Location

Property Details

Core Details

Property Type3 Family
Year Built1920
Parcel NumberM:0021 B:0000 L:0001,1286507
ZoningR3
Stories3
MLS #73554885

Space & Sizing

Living Area3,924 sqft
Above Grade3,924 sqft
Total Rooms17
Bedrooms11
Bathrooms3
Lot Size0.08 acres

Features & Systems

Open Parking0
ConstructionFrame
FoundationConcrete Perimeter, Stone, Other
RoofRubber
ElectricCircuit Breakers
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Community Features
Highway Access Laundromat Park Public School Public Transportation
Levels
3
Lot Features
Other
Lead Paint
Certified Treated
Parking Features
On Street

Additional Information

Directions: Mapquest

Financial Details

Annual Taxes$11,165 (2026)
Assessed Value$972,600
Gross Income$76,800
Net Operating Income$76,800
Tax Book Number53518
Listed on Jul 25, 2026 Updated Sep 18, 2026 2:14 PM Suffolk County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73554885

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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.

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