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$1,150,000
Total Beds: 6 Total Baths: 5
Total Units: 3 SQFT: 3436
LOT size: 0.09 Acres
18 Suffolk St
Chelsea, MA 02150
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Property Description

This townhouse property is perfect for an owner occupant wanting plenty of space and quality finishes within a multifamily property. Unit #1 (currently vacant and digitally staged in photography) has three bedrooms with two full baths with natural stained doors and trim. The other two homes are smaller. One is a two bedroom townhouse, the other is a one bedroom "walk in" apartment. The combination of sizes make it perfect for extended family. Suffolk Street has seen significant investment in recent years. Check it out! Many of the homes have been newly built or renovated, and are getting premium rents because of its convenient waterfront location. This property was previously three condominiums. The buyer may be able recreate the association with the document package that was used previously. This potential option provides added value upon eventual resale. See an attorney and the multiple documents attached.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Security System, Storage
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Vent Hood, Washer, Washer / Dryer Combo
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: Yes
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 82000
  • Gross Expenses: 26300
  • Electric Expenses: 250
  • Water/Sewer: 2800
  • INSC: 3700
  • Repairs & Maintenance: 4000
  • RFS: 1300
  • Management Fee: 2250
  • Miscellaneous Expense: 1000
  • Net Operating Income: 55700

Utilities

  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors, Storm Windows
  • Utility Connections: for Electric Dryer, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: Chels

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 3

Unit 2 Description

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

Unit 3 Description

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

Construction

  • Year Built: 1987
  • Type: 3 Family - 3 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73576989
  • Last Updated: 09/15/26

Mortgage Calculator

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Map

Seller's Representative: Frank Mastrocola, Mastrocola Management, Inc.
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 2026-09-15 03:30:00

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