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SOLD 8/9/2021

167 Walnut St, Chelsea, MA 02150$749,000

8
beds
3
baths
3147
ft2
· 1768
ft2 lot
$238 / ft2

Listing provided courtesy of Listing Broker: Jesse Malzone, Century 21 North East
Source MLS PIN;
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Fantastic Investment Opportunity! Looking for your 1st or next investment property? This is WIN! Property fully occupied and all rents are currently far below market rents, which means HUGE opportunity to increase rental revenue! Property is in need of minimal TLC and updating to bring to top market potential. Tenants in place at this time are month to month. Don't blink or you'll miss this one! Group Showings start this weekend at the open house Sunday 5/23 from 11:30 to 2:30. Additional group showings if needed at a later date.

HOA

$—/month

On market

12 days

Year built

1920

Property type

3 Family

Parking

MLS

72836259

Price / Sq.Ft.

$238 / ft2

Status

Sold

Home details for 167 Walnut St

Interior Features & Layout
Interior Features
•   
Electric Details: 150 Amps, Individually Metered
•   
Energy Details: Insulated Windows
Heating & Cooling
•   
Heating Units: 3
•   
Heating Zones: 3
Appliances
•   
Hot Water: Natural Gas
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: 5
•   
Total Rooms Unit 2: 6
•   
Total Rooms Unit 3: 6
•   
Total Rooms: 17, 12, 17
Bedrooms Info
•   
Total Beds: 8
•   
Unit 3 Beds: 3
•   
Unit 2 Beds: 3
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 3, 3
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Flooring
•   
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Lot Info
•   
Zoning: R3
•   
Lot Description: Level
•   
Acres: 0.04
Exterior Features
•   
Building Exterior Details: Vinyl, Porch
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Concrete Block
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Water/Sewer Built: 2000
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Unfinished Basement
Parking Info
•   
Parking Descriptions: On Street Permit
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: 1500, City/Town Sewer
Utilities
•   
Utilities: for Electric Range
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3246594
•   
Oh Flag: 1
•   
Status: Sold
Lease Info
•   
Gross Revenue: 10100
•   
Gross Income: 44400
•   
Net Operating Income: 44400
•   
Rme: 6000
•   
Monthly Rent Unit 1: 1100
•   
Monthly Rent Unit 2: 1300
•   
Monthly Rent Unit 3: 1300
•   
Total Rent: 3700
•   
Rfs: 600
Financial Info
•   
Fin Code: Other
•   
Finances Source: Owner Provided, Pro. Forma Available
Listing Details
•   
Disclosures: Seller has never occupied property. Property is being sold as is with tenants in place.
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2020
•   
Certificate Number: 000000004825
•   
Assessed Value: 468600.00
•   
Taxes: 6275.00
•   
Apn: M:038 P:049
Listing Contacts
•   
Selling Agent: CN220316
Terms
•   
Terms Feature: Contract for Deed
School Neighborhood & Directions
Location
•   
Street Number: 167
•   
Map Book: 59083
•   
Map Page: 141
•   
Directions: GPS- one way street! Follow the Fifth St detour signs!
•   
Road Type: Public
•   
Zip Code +4: 2334
Other
Other
•   
Main So: AN4339
Calculation
•   
Price Per Sqft: 238.00
•   
List Price Per Sqft: 251.00
•   
Sold Price Per Sqft: 238.00
•   
Cdom Property: 13
•   
Cdom Broker: 13
•   
Cdom: 13

Neighborhood snapshot

33
Properties for sale
20
Median days on market
$362.14
Median sold price/sqft
101.12%
Sold/List %
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Property History for 167 Walnut St

08/10/2021
08/10/2021
Public Record
sold
Public Record
$749,000
08/09/2021
08/09/2021
MLS PIN #72836259
sold
MLS PIN #72836259
$749,000
--5.18%
06/03/2021
06/03/2021
MLS PIN #72836259
pending
MLS PIN #72836259
$789,900
05/21/2021
05/21/2021
MLS PIN #72836259
active
MLS PIN #72836259
$789,900
+62.87%
01/21/2018
01/21/2018
MLS PIN #72254022
sold
MLS PIN #72254022
$485,000
See more property history

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