41 Library St Chelsea — Photo 1 of 3
$1,100,000
Investment Analysis — 41 Library St
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02150 carries an estimated $2,110/mo in gross rent — about a 1.74% cap rate and $19,090/yr in estimated NOI at the $1,100,000 list price. Adjust every assumption in the calculator below.
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Location, location, location !!! Exceptional opportunity for developers, investors, or owner-occupants to own this unique and spacious property in a prime Chelsea location. This offering includes 17 off-street parking spaces plus a separately deeded two-level brick rowhouse featuring 6 bedrooms and 3 full bathrooms. With tremendous income-producing potential, this property offers endless possibilities. Explore the opportunity to convert the existing home into a multifamily residence or condominiums while generating additional rental income from the highly desirable parking spaces. Given the ongoing demand for parking in Chelsea, this is an investment with outstanding upside.The property is being sold together with the house located at 56 Marlborough St., Chelsea . MLS #73551649. Ideally situated near public transportation, major highways, shopping centers, restaurants, Chelsea MGH, and just 3 miles from Logan International Airport.
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 MLS and other third-party data may be inaccurate or out of date.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: Liliana Delgado
Listing Office: Cameron Real Estate Group
MLS® Number: 73551740
