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Multifamily · Everett · ACT

238 Chelsea Street

Everett, MA 02149

$6,100,000

26 bedrooms26 bathrooms15,464 square feet73592372 MLS number

The residence

Property overview

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

Taxes 2026
$48,880
Parking
15 spaces

Property details and availability are sourced from the local listing feed and may change. Contact Leverage for current details and availability.

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