Berkshire Hathaway HomeServices Verani Realty
Deborah Byrne, Berkshire Hathaway HomeServices Verani RealtyPhone: (617) 201-4730
Email: [email protected]
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listing
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MultifamilyFor Sale
$1,350,000
23-25 Division Street
Chelsea, MA 02150
Courtesy of William Raveis R.e. & Home Services - The Residential Group
MLS Property Information Network
7Beds
4Full2Half Baths
4,060Sq Ft
Est. Mortgage
$7,068/mo

TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.

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Information courtesy of William Raveis R.e. & Home Services is subject to verification and is not guaranteed.
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