31 Division #1 Chelsea — Photo 1 of 28
$415,000
Investment Analysis — 31 Division #1
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 4.13% cap rate and $17,146/yr in estimated NOI at the $415,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
691
Style
Condominium
Built
1900
Opportunity awaits at 31 Division Street #1, set within a classic Chelsea brick row house, a thoughtfully designed two-bedroom, one-bath condominium offering 691 square feet of flexible living space. Hardwood flooring brings warmth and character to the main living areas, while durable luxury vinyl plank flooring enhances the lower level. The versatile layout provides options for a dedicated home office, guest accommodations or additional living space. Residents also enjoy access to shared outdoor space, a valuable city amenity. Conveniently located near Downtown Chelsea with access to public transportation, major commuter routes, Logan Airport and Downtown Boston. Parking may be rented separately in the lot directly across the street for approximately $166 per month, subject to availability. An excellent opportunity for an owner-occupant or investor seeking a two-bedroom property with flexibility, accessibility and compelling value near Boston.
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 MLS and other third-party data may be inaccurate or out of date.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.
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Listing Agent: Marianne Gianelli
Listing Office: The Charles Realty
MLS® Number: 73573549
