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    196 Poplar St Chelsea, MA 02150

    For Sale
    $999,900

    Well-maintained, updated triple decker near Chelsea Commuter Rail.

    Lot size:
    0.06 Acres

    Property Features for 196 Poplar St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1920

    Source: Broad Sound Real Estate, LLC Agent Nicholas Daher

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

    Overview

    Classic Triple Decker Near Transit

    This classic, purpose-built triple decker is located approximately half a mile from The Chelsea Commuter Rail and 3.5 miles from Downtown Boston. The property features separate gas meters, gas boilers, hot water tanks, and electrical meters, with letters of Lead Compliance for all three units. The well-maintained property contains three spacious 2-bedroom, 1-bath units. Each apartment features hardwood floors throughout, with updates made over the past 5 years. The property is conveniently located near Bellingham Square, the Silver Line, Tobin Bridge, and The Mystic Mall. All tenants are up to date with rents and are tenants at will. This property presents an investment opportunity and an opportunity for an owner occupant.
    Location Intelligence

    Current Use by Public Records

    Vazquezbestpoollinerllc Swimming Pool Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.0348145
    Latitude
    42.3941893

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, updated triple decker near Chelsea Commuter Rail.
    Where is this apartment building located?
    The property is located at 196 Poplar St Chelsea, MA.
    What is the asking price?
    The asking price for this property is $999,900.
    What are key features of this property?
    This property features: - Prime Location: Just a half mile to Chelsea Commuter Rail and 3.5 miles to Downtown Boston.; - Separate Utilities: Each unit is equipped with separate gas and electric meters, boilers, and hot water tanks.; - Lead Compliance: All three units have letters of Lead Compliance.
    (978) 423-7782
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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
    196 Poplar St Chelsea, MA 02150
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