Active
64 Days on market
55 Cherry St #1 Chelsea — Photo 1 of 34

55 Cherry St #1 Chelsea — Photo 1 of 34

Recent Drop: $5,100

$525,000
$519,900

$519,900

Investment Analysis — 55 Cherry St #1

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02150 carries an estimated $3,150/mo in gross rent — about a 3.84% cap rate and $19,989/yr in estimated NOI at the $519,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,246

Style

Condominium

Built

1900

Amazing first floor unit with a spacious, open concept floorplan! Stunning hardwood flooring throughout and soaring ceilings add to its overall appeal. An entry to the back leads conveniently into the beautiful kitchen with stainless appliances and breakfast bar. This space offers a combo 1/2 bath with laundry while overlooking a sunfilled dining area. The large living area sits centrally and leads to the 3 nicely sized bedrooms and gorgeous full bath with tiled shower and double sinks. Enjoy the lovely back patio for grilling and relaxing as well as designated storage in the basement. The location is ideally situated near many restaurants, community amenities and commuting options! Convenient parking options available: Seller credit for 1 year of parking lease!

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 MLS and other third-party data may be inaccurate or out of date.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

Immersive Experience

Property Details

Financials

Original Price$525,000
Annual Taxes$5,859
HOA Fee$240

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoning0

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl First

13 x 17

Flooring - Hardwood

Dining Room
Lvl First

7 x 10

Flooring - Hardwood, Breakfast Bar / Nook

Kitchen
Lvl First

7 x 11

Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Remodeled, Gas Stove, Breezeway

Master Bedroom
Lvl First

13 x 12

Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 14

Bedroom 3
Lvl First

10 x 11

Closet, Flooring - Hardwood

Property History

Price Drop
$519,900

Was $525,000

Aug 11, 2026

MLS® 73547867

Listed
$525,000

Jul 10, 2026

MLS® 73547867

Listing Provided By

Listing Agent: Seana Gifford

Listing Office: J. Mulkerin Realty

MLS® Number: 73547867