46 Addison St #2 Chelsea — Photo 1 of 28
$699,900
Investment Analysis — 46 Addison St #2
Chelsea, MA 02150 — Bellingham Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02150 carries an estimated $3,480/mo in gross rent — about a 2.41% cap rate and $16,869/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,557
Style
Condominium
Built
1900
Welcome home to this fully renovated (2024) 4-bedroom, 3-bathroom condominium offering an expansive 2,557 sq. ft. of modern living space across the 2nd and 3rd floors. Exuding sophistication throughout, the residence features rich hardwood flooring, soaring cathedral ceilings, crisp crown molding, and chic contemporary light fixtures.The heart of the home is a chef-inspired kitchen equipped with premium quartz countertops, high-end stainless steel appliances, and a stylish marble backsplash. Thoughtfully designed for convenience, the unit includes 3rd-floor laundry and generous closet space, along with additional lower-level storage in the basement.Step outside to your rare, private, fully fenced-in backyard space—a tranquil retreat perfect for a small garden.Unbeatably located for commuters, you are minutes from Logan Airport and a short drive to downtown Boston, local dining, and shopping. Property Requires Flood Insurance - currently factored into the HOA. Enjoy effortless access to the MBTA Commuter Rail and Silver Line nearby. Spend less time in traffic and more time enjoying the comfort of home!
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Highway Access • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood
Dining Room
Lvl SecondFlooring - Hardwood
Kitchen
Lvl SecondCountertops - Stone/Granite/Solid, Cabinets - Upgraded
Master Bedroom
Lvl ThirdSkylight, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl ThirdBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl ThirdBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Colleen & Company Team
Listing Office: Keller Williams Realty
MLS® Number: 73570912
