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    837 Broadway Chelsea, MA 02150

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    For Sale
    $949,900

    Fully occupied three-unit property in a prime Chelsea location.

    Lot size:
    0.11 Acres

    Property Features for 837 Broadway

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1900

    Source: Byrnes Real Estate Group LLC Agent Benjamin Kovacs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chelsea Multifamily Investment Opportunity

    This is a fully occupied three-unit multifamily property situated on a 5,000 sq ft lot in Chelsea. The property at 837 Broadway features three spacious units, each with 2 bedrooms and 1 bath. On-site parking is included. All units are currently leased and generating rental income. There is potential for increased income, as current rents are below market rates. The property has separately metered utilities and a strong rental history. The location offers convenient access to public transportation, major highways, shopping, and dining. This property presents an opportunity to invest in a rapidly growing market.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -71.0242177
    Latitude
    42.3981322

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    FAQs

    What type of property is this?
    Triplex - Fully occupied three-unit property in a prime Chelsea location.
    Where is this triplex located?
    The property is located at 837 Broadway Chelsea, MA.
    What is the asking price?
    The asking price for this property is $949,900.
    What are key features of this property?
    This property features: - Fully occupied 3-unit multifamily property in a prime Chelsea location.; - Generates solid rental income with significant upside potential due to below-market rents.; - Each unit features 2 bedrooms and 1 bath.
    (774) 217-2268
    Request Owner's contact information
    837 Broadway Chelsea, MA 02150
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    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
    837 Broadway Chelsea, MA 02150
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