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26 Days on Jacob RealtyPrice Reduced $300,000
26
$6,200,000
Total Beds: 35 Total Baths: 36
Total Units: 16 SQFT: 18898
LOT size: 0.23 Acres
163 Chestnut St
Chelsea, MA 02150
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Property Description

Unique 16 Unit Residential Building - 10 units of 2 bed 2 bath configuration. 5 Units of 3 bed 2 bath configuration and 1 Unit 1 bed plus den configuration. This former church was gutted and retrofitted into luxury style finishes and appliances in 2023. Located within Chelsea's Opportunity Zone, it's a great addition to real estate portfolio for the savvy investor. Elevator was installed as part of renovation. Financials and tours available with signing of NDA and proof of financing. Situated in Center of Chelsea with close proximity to Chelsea Downtown Business District, Tobin Bridge Off/On Ramps, MBTA Bus Routes and local large employers including Mass Information Technical Center.

Property Details

Building Information

  • Total Units: 16
  • Total Floors: 4
  • Total Bedrooms: 35
  • Total Full Baths: 32
  • Total Half Baths: 4

Financial

  • APOD Available: Yes
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1922
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Brick
  • Foundation Info: Fieldstone
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73453303
  • Last Updated: 11/22/25

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Map

Seller's Representative: Roy Avellaneda, Metropolitan Boston 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 2025-11-22 03:05:00