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Home Massachusetts Multi-Family Homes for Sale

103-105 Broadway Chelsea, MA 02150
Open House: Mon 6/2 5:30 PM
31
$2,368,000
Total Beds: 6 Total Baths: 7
Total Units: 6 SQFT: 4599
LOT size: 0.06 Acres
103-105 Broadway
Chelsea, MA 02150
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Property Description

Rare opportunity to own a turnkey multi-family located in the heart of Chelsea. Fully renovated brick row house with historical charm, This impeccably maintained property features 5 residential units and 1 commercial space, offering a strong and diversified income stream. Each residential unit has been thoughtfully updated while preserving the building’s classic character. Each unit features central heat, mini-splits and tankless systems. Tenants enjoy access to common laundry facilities within the building, and a shared large deck enhancing tenant appeal. The commercial space features a built-out kitchen, office and abundance of additional storage. Ideally located just minutes from public transportation, including the Silver Line and Commuter Rail, with easy access to Logan Airport, downtown Boston, and surrounding areas—this property is a commuter’s dream and a solid long-term investment. Open House June 1st noon - 2:00pm and June 2nd 5:30pm - 7:00pm.
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Property Details

Building Information

  • Total Units: 6
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 2
  • Amenities: Bike Path, Highway Access, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Common Interior Features: Other (See Remarks), Security System
  • Common Appliances: Dryer, Washer, Washer Hookup
  • Common Heating: Central Heat, Electric, Forced Air, Oil

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 53400
  • Gross Expenses: 7678
  • Electric Expenses: 648
  • Water/Sewer: 985
  • INSC: 6045
  • Net Operating Income: 53400

Utilities

  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Gas Oven, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Water
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Foundation Info: Other (See Remarks)
  • Roof Material: Shingle, Slate
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73380846
  • Last Updated: 06/01/25

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Map

Seller's Representative: The Sarkis Team, Douglas Elliman Real Estate - The Sarkis Team
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 2025-06-01 03:15:00

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