218-230 Broadway

Chelsea, MA, 02150

$6,900,000

$690 per ft²
$6,900,000
$690 per ft²
Active
Active
 - For Sale
beds
18 Beds
baths
22 Baths
carpenters-square
9,999 ft²
property_type
Multi-family
calendar
Built 1920
218-230 Broadway is a mixed use investment property consisting of a three story building containing a total of 22 units, including 4 retail units (all of which are leased) and 18 residential apartments made of 12 one bedroom/one bathroom units and 6 two bedroom/one bathroom units. The property is well located along Broadway, the area's primary commercial corridor in the heart of downtown Chelsea, a high density, urban infill city, just north of downtown Boston. All of the residential units were renovated in 2011. Several of the residential units offer upside bringing rents to market rates. Additionally, two of the retail units (218&224) offer upside by increasing below market rents to market rents upon lease renewal. Each retail unit is seperatley metered for electric, gas (heat/hot water) and water and sewer. The residential units are seperately metered for electricity, which tenants pay directly. The landlord pays for heat, hot water and water and sewer.
MLS® ID:
73023839
Listed:
8/9/22
Updated:
10/1/22
Coldwell Banker Global Luxury
Todd Glaskin Resl Estate

Interior Features

Total Bedrooms
18
Full Bathrooms
22
Interior Features
Other (See Remarks)

Exterior/Building Features

Lot Size
0.28 acres lot
Roof
Rubber
Sewer
Public Sewer

Other Property Details

Taxes
$52259.32
Tax Frequency
per YEAR
Garage
No
Parking
Paved Drive
Parking Total
3.0
View
N
County
Suffolk
Water Source
Public
Pool
No
Total Stories
10
Zoning
BR

 

Courtesy of John Pentore, Horvath & Tremblay

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Data last updated 8:25 PM UTC, 10/1/22

Coldwell Banker Global Luxury
Todd Glaskin Resl Estate
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