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23 Division Street, Chelsea, MA 02150$1,350,000
7 beds 5 baths 4060 ft2 · 2033 ft2 lot$333 / ft2
7
beds 5
baths 4060
ft2 · 2033
ft2 lotListing provided courtesy of The Residential Group, William Raveis R.E. & Home Services
Source MLS PIN;
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
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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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1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes is registered trademark of Flyhomes, Inc.
NMLS Consumer Access
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