Active
2 Days on market
689 Broadway Chelsea — Photo 1 of 12

689 Broadway Chelsea — Photo 1 of 12

$995,000

Investment Analysis — 689 Broadway

Chelsea, MA 02150

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for the units it does not cover, a 3-unit multi-family in 02150 carries an estimated $9,680/mo in gross rent — about a 7.65% cap rate and $76,074/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

11

Baths

3

SqFt

3,879

Style

3 Family

Built

1900

STANDARD THREE FAMILY LOCATED IN CONVENIENT AREA OF CHELSEA ..GREAT PURCHASE FOR INVESTOR OR OWNER OCCUPANT . RENTS HELP PAY MORTGAGE.. ,SEPARATE SYSTEMS, TENANTS PAY ALL UTILITIES EXCEPT WATER .. UPDATED KITCHEN ,LIV, AND BATH .. BRIGHT AND SUNNY ROOMS ..3RD FL.READY TO BE RENTED OR MOVE IN !

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$995,000
Annual Taxes$12,208

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementInterior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationBrick/Mortar
ZoningR3

Property & Lot

Acres0.08
SqFt Lot3,400
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Diane Cambria

Listing Office: Century 21 North East

MLS® Number: 73579708