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SOLD 3/23/2016

261 Chelsea, Boston, MA 02128$642,000

6
beds
3.5
baths
2216
ft2
· 2000
ft2 lot
$290 / ft2

Listing provided courtesy of Listing Broker: Julius Sokol, Lokos Realty & Management
Source MLS PIN;
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Rare opportunity to purchase a free standing VACANT Chelsea Street building. Turn-key 3 family ready for tenants or a condo conversion. This is the only vacant turn-key property on the market in East Boston. Gorgeous large stair case with double door foyer. Each unit features a two bedroom split, renovated bathrooms, hardwood floors, and in-unit laundry. Three newer gas fired boilers and gas water heaters. Four electric panels. High ceiling in basement provides for expansion possibilities. Nice rear decks which are partially enclosed add nice outdoor space for each unit. Roof access offering 360 degree views of Boston Skyline, Airport, Orient Heights, Eagle Hill, and more. Perfect for a roof deck! This building is one block to the Airport stop on the Blue Line and is perfect for an investor or owner occupant. VACANT VACANT VACANT.

HOA

$—/month

On market

22 days

Year built

1900

Property type

3 Family 3 Units Up/Down

Parking

MLS

71954495

Price / Sq.Ft.

$290 / ft2

Status

Sold

Home details for 261 Chelsea

Interior Features & Layout
Rooms Info
•   
Total Levels: 3, 6, 3
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms: 12, 12, 12
Bedrooms Info
•   
Total Beds: 6
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 3, 3
•   
Half Baths: 1, 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Ocean
•   
Beachfront
Community Info
•   
Total Units In Complex: 3
Exterior Features
•   
Color: Light Blue
Property Type
•   
Property Type: 3 Family - 3 Units Up/Down
•   
Mls Prop Type: 3 Family - 3 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Lot Info
•   
Zoning: R3
•   
Lot Description: City View(s)
•   
Acres: 0.05
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Probably does not include basement or enclosed decks
•   
Foundation: Brick
•   
Roof: Rubber
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Owner
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
•   
Sewer District: BWSC
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2225956
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
Lease Info
•   
Gross Income: 61200
•   
Net Operating Income: 61200
•   
Monthly Rent Unit 1: 1700
•   
Monthly Rent Unit 2: 1700
•   
Monthly Rent Unit 3: 1700
•   
Total Rent: 5100
Listing Details
•   
Disclosures: Broker has ownership interest in property. All three units are 2-bedroom splits. Seller has never occupied the property and makes no warranty as to appliances. Rents listed are approximate.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2016
•   
Assessed Value: 347100.00
•   
Taxes: 3818.10
Listing Contacts
•   
Selling Agent: NB114069
School Neighborhood & Directions
Location
•   
Street Number: 261
•   
Map Book: 999999
•   
Area: East Boston
•   
Beach Distance: 1 to 2 Mile
•   
Map Page: 9999
•   
Directions: 1 Block from Airport Station on Blue Line
Other
Other
•   
Main So: NB4834
Calculation
•   
Price Per Sqft: 289.71
•   
List Price Per Sqft: 297.38
•   
Sold Price Per Sqft: 289.71
•   
Cdom Property: 86
•   
Cdom Broker: 86
•   
Cdom: 86

Neighborhood snapshot

170
Properties for sale
18
Median days on market
$699.86
Median sold price/sqft
99.72%
Sold/List %
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Property History for 261 Chelsea

04/27/2016
04/27/2016
MLS PIN #71954495
sold
MLS PIN #71954495
$642,000
03/23/2016
03/23/2016
Public Record
sold
Public Record
$642,000
+15.16%
01/08/2016
01/08/2016
Public Record
sold
Public Record
$557,500
+26.70%
11/02/2015
11/02/2015
Public Record
sold
Public Record
$440,000

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