23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
23-25 Division Street
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$1,325,000

23-25 Division Street

7 Beds 6 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 $1,325,000
Real Estate Tax $16,546 yearly
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Thank you for your interest in 23-25 Division Street, Chelsea, MA 02150. We are reviewing your request and will be in touch shortly!

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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.