23 25 Division Street
Chelsea, MA 02150
- 7 beds
- 6 baths
- 4,060 sqft
- 2,033 sqft lot
- $343 per sqft
- 1900 build
- – on site
TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.
Listing courtesy of MLSPIN / The Residential Group / William Raveis R.E. & Home Services
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Last updated Apr 18, 2024
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MLS# 73220764 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/5/24
Apr 5, 2024
|
Listed / Active | MLSPIN | $1,395,000 |