59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
59-61 Division St
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$1,450,000

59-61 Division St

12 Beds 6 Baths 4,500 Sq.Ft.

Description

Discover an exceptional investment in Chelsea's vibrant lower Broadway area - a rare 5-family opportunity! Each unit boasts lead compliance for easy renting, and is currently occupied by reliable, rent-paying tenants. Enjoy positive cash flow with potential for even greater returns. Bonus income from coin-operated laundry. Many units have undergone renovations, featuring fresh paint, tiled bathrooms, new stainless steel appliances, stunning hardwood floors, and granite countertops in kitchens. Offering a mix of two, three, four, and one-bedroom units, all with separate utilities. Updated forced air gas heating installed in 2012 ensures efficient operation. This property promises both immediate income and long-term value. Don't miss out - seize this lucrative investment today!

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Location

59-61 Division St, Chelsea, MA 02150

Status

Sold
Sabrina  Stewart

Sabrina Stewart

TITLE

Team Leader

Property Amenities

Interior
Laundry room Electric Dryer Hookup
Appliances Range, Dishwasher, Microwave, Refrigerator
Flooring Wood
Total Bedrooms: 12
Half Bathrooms: 1
Full Bathrooms: 5
Other Interior Features Lead Certification Available, Living Room, Kitchen
Area & Lot
Lot Area 2,200 Sq.Ft.
Living area 4,500 Sq.Ft.
MLS® ID 73213564
Year Built 1920
Water Frontage ['Beach Front', '1 to 2 Mile To Beach']
Type Multi-Family
Status Sold
Exterior
Stories 10
Air conditioning Window Unit(s)
Heat type Forced Air, Natural Gas
Water Source Public
Sewer Public Sewer
Lot Features Other
Roof Shingle
Utilities for Gas Range, for Gas Oven, for Electric Dryer
Finance
Sales Price $1,450,000
Real Estate Tax $12,489 yearly

Work With Us

Blink Estates Group is dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact us today to start your home-searching journey!