238 Chelsea St | Image 1
New

$8,000,000

For Sale

3 days ago

MLS® 73479682

26 Bed

26 Bath

15372 sqft

18 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 15372 sqft
Garage No
Taxes $42,114
Days Active 2
Lot Size 0.34 acres
Approx. Age 1970
Avg. Price Per Sqft $520
MLS® Number 73479682

Property Address: 238 Chelsea St, Everett, MA, 02149-4842

Average square foot calculated using Size range provided by listing agent.

Description

Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14, 810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1, 674 a month compared to the fair market rent for a studio in Everett of $2, 359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1, 838 a month compared to the fair market rent for a one bedroom in Everett of $2, 475, a difference of $637 per unit per month.
MLS® Number73479682
Laundry Level
Central VacNo
FireplaceNo
Acreage0.34
Exterior
GarageNo
Approx. Age1970
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$8,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
238 Chelsea St, Everett, MA

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