Search
Renovated Triplex
For Sale
Contact for pricing

106 Clark Ave, Chelsea, MA 02150

Three-unit residential property with updated interiors and separate tenant-paid heat and electric utilities.

Property SizeContact for details
Days on Market144

Property Features for 106 Clark Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Jacob Realty
Listed By: ANTHONY TSE · License #MA 807578
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jacob Realty

Investment Insights

Based on property information with market context.

This triplex contains three residential apartments, including two four-bedroom units and one five-bedroom unit. The property received a full gut renovation in 2020, providing substantially updated interiors across the building. Tenants are responsible for their own heat and electric service.

Located at 106 Clark Ave in Chelsea, Massachusetts, the property is offered as a stabilized multifamily asset. The reported stabilized cap rate is 7.8%, with a reported 14% ROI. Unit count and bedroom mix provide a clear configuration for evaluating residential income operations.

Key Highlights

  • Three residential units: two four‑bedroom apartments and one five‑bedroom apartment
  • Full gut renovation completed in 2020
  • Tenants pay their own heat and electric utilities

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,497
Businesses Nearby

Demographics for 02150, MA

40,721
Population
14,162
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
69%
High-School Grad
2.2 sq mi
ZIP Area
18,510
Density / Sq Mi
$72,122
Median Household Income
$41,046
Median Earnings
$1,861
Median Rent
$476,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential property with updated interiors and separate tenant-paid heat and electric utilities.
Where is this triplex located?
The property is located at 106 Clark Ave Chelsea, MA.
What are key features of this property?
This property features: Three residential units: two four‑bedroom apartments and one five‑bedroom apartment; Full gut renovation completed in 2020; Tenants pay their own heat and electric utilities
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message