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Home Massachusetts Multi-Family Homes for Sale

33 Franklin St Chelsea, MA 02150
33 Franklin St, Chelsea, MA
77 Days on Jacob RealtyPrice Reduced $105,000
0
$995,000
Total Beds: 8 Total Baths: 3
Total Units: 2 SQFT: 3472
LOT size: 0.11 Acres
33 Franklin St
Chelsea, MA 02150
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Property Description

PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potential to go higher. This property offers exceptional space, recent updates, and a strong rental history.The first-floor unit features 2 bedrooms, 1 bath, a large living room, eat-in kitchen, and a flexible bonus room—perfect for a home office or study. The second and third floors combine to create a 6-bedroom, 2-bath unit with additional flex spaces ideal for today’s work-from-home needs.Recent updates include new flooring and cabinetry in kitchens and baths, fresh interior paint, and an exterior paint in the last two years. Enjoy shared deck space, a side yard, and a detached 2-car garage—rare in this location.Perfect for investors or owner-occupants looking for size, flexibility, and move-in-readiness
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 3
  • Amenities: Public Transportation, Shopping
  • Basement Features: Unfinished Basement
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 93804
  • Net Operating Income: 89004

Utilities

  • Electric Info: 220 Volts, At Street
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73364853
  • Last Updated: 07/08/25

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Map

Seller's Representative: CASTLES UNLIMITED TEAM, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-07-08 18:13:00

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