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    3 Nichols St Chelsea, MA 02150

    New
    For Sale
    $1,275,000

    4 Family - 4 Units Up/Down - Chelsea, MA

    Property size:
    5,976 SF
    Lot size:
    0.12 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 3 Nichols St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    BH
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    4
    APN
    1290473
    Parking
    5
    Parking features
    Off Street, On Street
    Size
    5,976 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1910
    Floors in Building
    4
    Number of units
    4
    Architectural style
    Other

    RE/MAX ANDREW REALTY SERVICES (781) 395-7676 [email protected]

    Listing agent Donna DeCrescente (781) 395-7676

    Listing date Dec 1, 2025

    MLS# 73458440 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chelsea Multifamily Property Near Park

    This well-maintained four-family property is located in the desirable and convenient Prattville area, directly across from a public park, offering easy access to local amenities and highways. The property features recent updates, including a brand new roof, a well-insulated attic, newer individual Navien heat and hot water systems in each unit, a hard-wired fire detection system, newer individual electric panels in each unit, blown-in insulation, and wood floors in each unit. Parking is available for at least five cars in the rear parking lot, with additional on-street parking available with a residential sticker. The property consists of four units in an up/down configuration. The building has a total area of 5976 square feet and is situated on a 0.12-acre lot. The property is zoned BH. There is potential for an Accessory Dwelling Unit (ADU) in the basement, subject to Chelsea guidelines, as utilities are located separately in each unit. Chelsea residents receive discounted tolls for the Tobin Bridge.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mikey's Cut's Barber Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.034988
    Latitude
    42.405968

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained four-unit property in a desirable location near amenities.
    Where is this quadplex located?
    The property is located at 3 Nichols St Chelsea, MA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: - Newly installed roof and well-insulated attic.; - Newer, individual Navien heat/hot water systems in each unit.; - Convenient location in desirable Prattville area, directly across from a public park, with easy access to local amenities and highways.
    (781) 395-7676
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    3 Nichols St Chelsea, MA 02150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3 Nichols St Chelsea, MA 02150
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