23-25 Division Street

$1,350,000

23-25 Division Street

7 Beds 5 Baths 4,060 Sq.Ft.

Description

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.

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Location

23-25 Division Street, Chelsea, MA 02150

Status

For Sale

Property Amenities

Interior

Flooring Hardwood

Total Bedrooms: 7

Half Bathrooms: 2

Full Bathrooms: 4

Other Interior Features Kitchen, Living RM/Dining RM Combo

Area & Lot

Lot Area 2,033 Sq.Ft.

Living area 4,060 Sq.Ft.

MLS® ID 73220764

Year Built 1900

Type Multi-Family

Status For Sale

Exterior

Stories 8

Water Source Public

Sewer Public Sewer

Lot Features Corner Lot

Utilities for Electric Range

Finance

Sales Price $1,350,000

Real Estate Tax $16,546 yearly

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Let’s Talk Real Estate

The Residential Group at William Raveis Real Estate is a team of experienced agents, specializing in the sale of urban dwellings and new construction/renovation properties in Metropolitan Boston. They are consistently ranked among the top sales teams at William Raveis Real Estate and top teams in all of Massachusetts.

$1,350,000

23-25 Division Street

Description

Share Property

Location

Status

Property Amenities

Interior

Area & Lot

Exterior

Finance

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Exclusive Listings

$4,999,999

$4,700,000

$3,475,000

$2,525,000

$2,350,000

$207,500

$1,998,000

$1,995,000

$1,888,888

Let’s Talk Real Estate

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Contact Details