Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

238 Chelsea Street

Everett, MA ID #73479682

Property Description

Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14,810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475, a difference of $637 per unit per month.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 02149
  • Taxes: 42,114
  • Levels: 3
  • Acres: 0.34

Parking

  • Garage Capacity: 18
  • Parking Spaces: 18

Rooms/Dimensions

  • Total Units: 26
  • Total Floors: 3
  • Total Rooms: 38

Location

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238 Chelsea Street, Everett, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Drew Kirkland of Northeast Private Client Group, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.