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- LoopNet Team
161-165 Pearl St
Chelsea, MA 02150
Multifamily Property For Sale
·
18 Units
Investment Highlights
- 2 Buildings | 18-Unit Multifamily
- 0.5 Miles to Chelsea Commuter Rail
- Tenant Paid Utilities | Additional Laundry Income
Property Facts
| No. Units | 18 | Lot Size | 0.08 AC |
| Property Type | Multifamily | Building Size | 9,768 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.19/1,000 SF |
| Zoning | BR | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 9,768 SF |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 0.19/1,000 SF |
| Zoning | BR |
About 161-165 PEARL ST , CHELSEA, MA 02150
Northeast Private Client Group is pleased to present the Park & Pearl Apartments. Located on 161-165 Pearl & 156-160 Park Street in Chelsea, MA. The two buildings are comprised of one, two & three bedroom floor plans. New roof on Park Street, new electrical in every building, new breaker panels, new intercom systems & front doors. Ten year old fire escapes & newer boilers, all replaced within the last 10 years. The opportunity gives a buyer the ability add value by renovating units & increasing rents to market levels.
Property Taxes
| Parcel Number | CHEL-000029-000000-000003 | Improvements Assessment | $1,884,600 |
| Land Assessment | $270,000 | Total Assessment | $2,154,600 |
Property Taxes
