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23 Division Street, Chelsea, MA 02150$1,350,000

7
beds
5
baths
4060
ft2
· 2033
ft2 lot
$333 / ft2

Listing provided courtesy of The Residential Group, William Raveis R.E. & Home Services
Source MLS PIN;
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6.7 CAP investment! That's right, 6.7 CAP. Here is your opportunity to own 2 attached buildings on 2 separate parcels comprising 4 residential units and 1 commercial unit. 25 Division is a 3 story brick rowhouse containing (3) 2 bedroom apartments. 23 Division/9-11 Williams is a 2 story, two unit structure containing a residential unit and a tavern/bar. All units are on lease. Total annual income tops $130K! 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. Call today for a private showing! Pro-forma Available.

HOA

No HOA

On market

4 months

Year built

1900

Property type

5 9 Family

Parking

MLS

73045111

Price / Sq.Ft.

$333 / ft2

Status

Active

Buyer’s Brokerage Commission

2.25%

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Home details for 23 Division Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Kitchen, Living RM/Dining RM Combo, Kitchen, Living RM/Dining RM Combo
•   
Total Levels: 3, 8, 6
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 2, 1
•   
Total Levels Unit 3: 3, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 4
•   
Total Rooms Unit 2: 4
•   
Total Rooms Unit 3: 4
•   
Total Rooms Unit 4: 4
•   
Total Rooms: 17, 16, 17
Flooring
•   
Unit 4 Floor Level: 1
•   
Flooring: Hardwood
Interior Features
•   
Energy Details: Insulated Windows
Bedrooms Info
•   
Total Beds: 7
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 4, 4
•   
Half Baths: 2, 2
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 5
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
Lot Info
•   
Zoning: W
•   
Lot Description: Corner
•   
Acres: 0.05
Exterior Features
•   
Building Exterior Details: Brick
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Brick
•   
Year Built Description: Approximate
•   
Lead Paint: Certified Treated, Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Electric Range
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3506263
•   
Status: Active
Lease Info
•   
Gross Revenue: 38942
•   
Gross Income: 130520
•   
Net Operating Income: 91578
•   
Monthly Rent Unit 1: 1695
•   
Monthly Rent Unit 2: 1650
•   
Monthly Rent Unit 3: 1675
•   
Lease 1
•   
Monthly Rent Unit 4: 1595
•   
Lease 2
•   
Lease 3
•   
Total Rent: 10381
Financial Info
•   
Finances Source: Pro. Forma Available
•   
Apod Available
Listing Details
•   
Disclosures: Sale includes 9-11 Williams Street/23 Division Street (1 residential and 1 commercial) and 25 Division Street (3 residential). A total of 4 residential units + 1 commercial space which is being used as a tavern/bar. Data shown is for the combination of both buildings.
Tax/Assessment Info
•   
Tax Year: 2022
•   
Assessed Value: 940900.00
•   
Taxes: 14072.24
School Neighborhood & Directions
Location
•   
Street Number: 23
•   
Directions: Corner of Williams Street and Division Street
•   
Road Type: Public
Other
Calculation
•   
Cdom Previous Broker: 93
•   
Price Per Sqft: 332.51
•   
List Price Per Sqft: 332.51
•   
Cdom Property: 97
•   
Cdom Broker: 97
•   
Cdom Previous Property: 93
•   
Cdom: 4

Property History for 23 Division Street

10/06/2022
10/06/2022
MLS PIN #73045111
active
MLS PIN #73045111
$1,350,000
09/25/2022
09/25/2022
MLS PIN #73003953
cancelled
MLS PIN #73003953
$1,350,000
09/19/2022
09/19/2022
MLS PIN #73003953
active
MLS PIN #73003953
$1,350,000
--0.74%
06/24/2022
06/24/2022
MLS PIN #73003953
active
MLS PIN #73003953
$1,360,000

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