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    175 Cottage St Chelsea, MA 02150

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    For Sale
    $3,200,000

    Seven corner condominium units near Boston and Logan Airport.

    Building Details

    Year built
    2005

    Source: Berkshire Hathaway HomeServices Commonwealth Real Estate Agent Carol Thibault

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

    Overview

    Seven Condominium Units Near Boston

    Seven corner condominium units, each featuring two bedrooms and two full bathrooms, are available for purchase. Each unit includes in-unit laundry and a deeded parking space. Located within the Millcreek Condominiums, the property offers direct access to the Silver Line, providing convenient access to Boston and Logan Airport. The units feature kitchens equipped with granite counters, balconies, and separate storage areas. Residents have access to on-site management, an outdoor heated inground pool (available in season), a fitness center with saunas and locker rooms, and a club room. Visitor parking is also available. This property presents an investment opportunity for collecting rents or a 1031 exchange.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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
    -71.0251944
    Latitude
    42.3897145

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    FAQs

    What type of property is this?
    Apartment building - Seven corner condominium units near Boston and Logan Airport.
    Where is this apartment building located?
    The property is located at 175 Cottage St Chelsea, MA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Seven corner units being sold together, presenting a significant investment opportunity.; - Direct access to the Silver Line, providing convenient transportation to Boston and Logan Airport.; - Each unit includes 2 bedrooms, 2 full bathrooms, in-unit laundry, and a deeded parking space.
    (781) 799-4519
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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
    175 Cottage St Chelsea, MA 02150
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