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$985,000
Total Beds: 11 Total Baths: 3
Total Units: 3 SQFT: 3924
LOT size: 0.08 Acres
148 Congress Ave
Chelsea, MA 02150
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Property Description

**Exceptional Three-Family Investment Opportunity in Chelsea!**Don't miss this outstanding opportunity to own a spacious, well-maintained, and extensively updated three-family property in one of Chelsea's most convenient locations!Offering an impressive **11 bedrooms across three generously sized units**, this property features a three-bedroom first-floor apartment and two four-bedroom apartments on the second and third floors—an ideal combination for investors seeking strong rental income or owner-occupants looking to offset their mortgage with rental revenue.A standout feature is the property's **lead compliance certificates**, providing a significant advantage in today's rental market, particularly for families with young children.Additional highlights include numerous improvements over the years, a spacious backyard ideal for outdoor enjoyment, a full-size basement offering abundant storage, and strong existing rental income with potential for future growth.Conveniently situated near public transportation, schools, shopping, restaurants, parks, and major commuting routes, this property offers the accessibility and everyday conveniences that tenants value.**Whether you're expanding your investment portfolio or looking to build long-term wealth through owner-occupancy, this Chelsea three-family offers space, income potential, and lasting value.****Opportunities like this deserve a closer look. Schedule your private showing today!**

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 3
  • Amenities: Highway Access, Laundromat, Park, Public School, Public Transportation
  • Basement Features: Full

Financial

  • APOD Available: No
  • Gross Operating Income: 84000
  • Net Operating Income: 84000

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1920
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Other (See Remarks), Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73597679
  • Last Updated: 11/03/26

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Map

Seller's Representative: Luis Tejada, Century 21 North East
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 2026-11-03 03:30:00