Active
24 Days on market
227 Chelsea St Boston — Photo 1 of 40

227 Chelsea St Boston — Photo 1 of 40

$1,250,000

Investment Analysis — 227 Chelsea St

Boston, MA 02128 — East Boston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02128 carries an estimated $7,790/mo in gross rent — about a 4.86% cap rate and $60,754/yr in estimated NOI at the $1,250,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,127

Style

3 Family

Built

1910

AN EAST BOSTON INVESTMENT OPPORTUNITY WITH A VIEW! Moments from Maverick Square and Jeffries Point, this nicely maintained three-unit property presents compelling options for investors and owner-occupants alike. Rent all three or occupy one while generating income from the others. Sunny, spacious interiors feature flexible floor plans, bay windows, generous eat-in kitchens, hardwood floors and inviting rear sunrooms. French doors and built-in details lend character throughout. Surrounded by newer residential development in a dynamic neighborhood, the location puts restaurants, bakeries, markets and everyday conveniences close at hand. Enjoy close proximity to the East Boston Greenway, East Boston Public Library, YMCA and Logan Airport T Station. Residents can also enjoy access to a free city gym with an indoor pool. MBTA and bus service provide easy access to downtown and Logan Airport, while the East Boston Greenway offers biking and pedestrian connections throughout the area. Best of all, the expansive roof deck captures spectacular 360-degree views and a front-row seat as the sun sets over the Boston skyline. YOUR NEXT ADDRESS MAY BE YOUR SAVVIEST MOVE YET!

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$1,250,000
Annual Taxes$10,291

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningR3

Property & Lot

Acres0.05
SqFt Lot2,000
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Fine Homes Group

Listing Office: Keller Williams Realty Boston-Metro | Back Bay

MLS® Number: 73565849