Active Under Contract
9 Days on market
175 Cottage St #504 Chelsea — Photo 1 of 25

175 Cottage St #504 Chelsea — Photo 1 of 25

$394,900

Investment Analysis — 175 Cottage St #504

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 2.62% cap rate and $10,337/yr in estimated NOI at the $394,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,162

Style

Condominium

Built

2005

Millcreek Condominiums - a bright [2BR/2 full bath] located on the 5th floor, ready for immediate occupancy. Open-concept living/dining flows to a private glass slider, filling the home with natural light. Granite kitchen with generous counter and cabinet space; primary suite with walk-in closet and en-suite bath; in-unit laundry and ample closets. This gated, professionally managed community offers an in-ground pool, fitness center, clubhouse, elevator, deeded garage parking, and extra storage. Commuters are well served: the Silver Line SL3 (Eastern Ave & Box District stops) runs in dedicated lanes to Logan, the Seaport, and South Station -Logan in 10 min -plus Chelsea commuter rail to North Station and MBTA buses to downtown and the Blue Line. Quick Rte 1/Tobin Bridge access for drivers. Parks, walk/jog trails, the bike path, and the beach are all close by. A great opportunity in one of Chelsea's most amenity-rich buildings. Showings available upon request.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$394,900
Annual Taxes$4,781
HOA Fee$739

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
FlooringCarpet, Hardwood
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Stone
RoofRubber
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer/Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

15 x 13

Dining Room
Lvl First

15 x 14

Kitchen
Lvl First

12 x 9

Primary Bedroom
Lvl First

23 x 13

Bedroom 2
Lvl First

13 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl First

Property History

Listed
$394,900

Sep 3, 2026

MLS® 73571527

Expired
$399,900

Aug 31, 2026

MLS® 73534952

Listed
$399,900

Jun 11, 2026

MLS® 73534952

Listing Provided By

Listing Agent: Mark Warren

Listing Office: Century 21 North East

MLS® Number: 73571527

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