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$999,900
Total Beds: 6 Total Baths: 3
Total Units: 3 SQFT: 2532
LOT size: 0.06 Acres
196 Poplar St
Chelsea, MA 02150
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Property Description

This classic, purpose-built, triple decker is located just a half mile from The Chelsea Commuter Rail and only 3.5 miles from Downtown Boston. All separate gas meters, gas boilers, hot water tanks, and electrical meters with letters of Lead Compliance for all three units! This well-maintained property features three spacious 2-bedroom, 1-bath units. Each apartment offers hardwood floors throughout with many updates made over the past 5 years. Conveniently located near Bellingham Square, the Silver Line, Tobin Bridge, and The Mystic Mall. All tenants are up to date with tenants and all tenants are tenants at will. This is a rare investment opportunity and an equally great opportunity for a savvy owner occupant. Showings begin this weekend at the Open Houses - Saturday 10/25 & Sunday 10/26 11:30am-1pm

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub, Tile Floor
  • Common Appliances: Microwave, Range, Refrigerator
  • Common Heating: Active Solar, Electric Baseboard, Hot Water Radiators

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated
  • Gross Operating Income: 82200
  • Gross Expenses: 8778
  • Electric Expenses: 180
  • Water/Sewer: 4860
  • INSC: 3738
  • Net Operating Income: 73422

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Rubber
  • Flooring Type: Hardwood, Tile, Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73447277
  • Last Updated: 10/24/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Nicholas Daher, Broad Sound Real Estate, LLC
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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MLS PIN data last updated at 2025-10-24 03:30:00