$8,100,000
 $43,483 forsale estimated payment Sourced by Back At You

148 Park & Pearl St , Chelsea, MA 02150

Chelsea, MA 02150

Sharewithfriend

Description

The Park & Pearl Portfolio is comprised of 3 multi-family buildings and contains 30 residential units comprised of (4) 3-Bedroom/1-Bathroom units, (17) 2-Bedroom/1-Bathroom units, and (9) 1-Bedroom/1-Bathroom units. Since acquisition of the assets in 2017 & 2021, current ownership has completed numerous capital upgrades including a majority of units featuring new, Navien tankless systems for individual heat and hot water (gas) as well as some upgrades to the unit’s interiors. 148 Park Street/155 Pearl St contains (7) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. 156-160 Park Street contains (4) 3-Bedroom/1-Bathroom units, (4) 2-Bedroom/1-Bathroom units, and (1) 1-Bedroom/1-Bathroom unit. 161-165 Park Street contains (6) 2-Bedroom/1-Bathroom units and (3) 1-Bedroom/1-Bathroom units. Through programmatic renovations to the assets, the opportunity exists to substantially raise market rents in a high demand, up-and-coming rental sub-market.

Details

Mls73281006
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusPending
Year1900
Days On Site108
Listing Provided ByHorvath & Tremblay | John Pentore

Features

Beds55
Baths 30 Total
Sq Feet24,219
PoolYes
Storys3
Units30
ZoningR2
Acreage0.24

Market Activity 02150

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS Property Information Network.

Request A Showing

Request A Showing

Loading Form
Listings Checked: 43 seconds ago

Contact

Learn More About This Property

StateMA
CountySuffolk
CityChelsea
Zip Code02150
AreaSuffolk
Listing VS Median (in 02150)
Price:
$8,100,000
low | high
Med:
$4,350
100% of Average
SqFt:
24,219
low | high
Med:
3,300
100% of Average
$ / SqFt:
$334
low | high
Med:
$1
100% of Average
On Site:
108
low | high
Med:
61.000000
100% of Average
Sourced by Back At You
Listing Updated: November 26, 2024 at 9:12:23 PM PST