$1,320,000
●
Multifamily -
Off Market
25 Cary Ave
Chelsea, MA 02150
9 Beds
5 Baths
$7,788
Estimated Monthly
$0
HOA / Fees
7.82%
Cap Rate
About This Property
**EXCELLENT INVESTMENT OPPORTUNITY**Rare well-proportioned 4-unit
building rehabbed and renovated over last 3 years to become a CASH
COW in Chelsea's highly desirable Cary Square! Steps from downtown
Chelsea, this exceptionally well-cared-for behemoth sits on an
impressive *almost* quarter acre lot (9,000 SqFt), offering usable
outdoor areas, 4 off-street parking spaces AND A TWO CAR GARAGE,
for up to 6 spaces total! Distinctive Mansard architecture
compliments exterior & curb appeal, while all interior units boast
sensible spacious layouts, soaring high ceilings, large bedrooms
and more! Units #4 & #2 shine the brightest after 2020/2021 gut
renovations; complete w/new kitchens, baths, flooring, W&D,
lighting, electrical+plumbing. Common stairways filled w/elegant
wood crafted details. Phenomenal rent rolls @ $9,800 per month
($117,600 per yr!) with plenty of room further maximize rev. A must
see property that rents itself. True pride of ownership shows, not
to be missed!
Unit Size
-
Days on Market
56 days
Land Size
0.21 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$1,037
HOA Dues
-
Year Built
1900
Last updated: 3 months ago (MLSPIN #73185664)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 31, 2024 | Sold | $1,320,000 | |
Sold | |||
Dec 29, 2023 | In contract | - | |
In contract | |||
Dec 6, 2023 | Listed by Boston's Finest Realty Group | $1,375,000 | |
Listed by Boston's Finest Realty Group | |||
Dec 4, 2020 | Sold to Daniel Rossignol | $950,000 | |
Sold to Daniel Rossignol |
Property Highlights
Parking Available
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Bathroom Information
Full Bathrooms: 5
Interior Information
Interior Features: Unit 1(Ceiling Fans), Unit 2(Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Internet Available - Broadband), Unit 4(Stone/Granite/Solid Counters, Upgraded Countertops, Open Floor Plan), Unit 1 Rooms(Living Room, Kitchen, Living RM/Dining RM Combo, Mudroom, Office/Den), Unit 2 Rooms(Living Room, Kitchen, Office/Den, Sunroom), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen, Mudroom)
Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
Flooring Type: Unit 1(undefined), Unit 2(Tile Floor)
Laundry Features: Unit 1 Laundry Room
Room Information
Rooms: 21
Basement Information
Basement: Full, Finished, Interior Entry, Concrete
Exterior Details
Property Information
Property Condition: Unit 2 Remodeled, Unit 4 Remodeled
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 4 Family
Building Information
Stories (Total): 6
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Information
Lot Features: Level
Lot Size Area: 0.21
Lot Size Units: Acres
Lot Size Acres: 0.21
Zoning: R-3
Parcel Number: M:048 P:075, 1288140
Land Information
Water Source: Public
Financial Details
Tax Assessed Value: $1,004,700
Tax Annual Amount: $12,438
Utilities Details
Cooling Type: Unit 1(Window AC), Unit 2(Window AC), Unit 4(Window AC)
Heating Type: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Radiators), Unit 3(Hot Water Radiators), Unit 4(Hot Water Baseboard)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
21
Beds
16
Baths
-
$1,440,000
Jan 9, 2007
$1,440,000
Feb 14, 2008
$1,291/mo
Sold
Multifamily
18
Beds
6
Baths
-
$1,600,000
May 1, 2018
$1,600,000
Aug 21, 2018
$1,205/mo
Sold
Multifamily
18
Beds
6
Baths
-
$1,600,000
May 1, 2018
$1,600,000
Aug 22, 2018
$1,204/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/12/2020
|
|
10 Bed
|
5 Bath
|
-
|
$1,070,000
10 Bed
5 Bath
|
$950,000
-11.21%
12/04/2020
|
Highland Group
Boston's Finest Realty Group
|
Building Info
About Broadway
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