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    181-183 Chelsea St Everett, MA 02149

    For Sale
    $2,749,000

    Turnkey, renovated six-unit property in Everett generating strong rental income.

    Lot size:
    0.13 Acres

    Property Features for 181-183 Chelsea St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1930

    Source: EVO Real Estate Group, LLC Agent Sarah Abouchleih

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

    Overview

    Renovated Six-Family Investment Property

    This fully renovated six-family property in Everett generates over $17,650 per month in rental income, presenting an investment opportunity. Each of the six units features three bedrooms and one bathroom, with over 1,200 square feet of living space. The units include white shaker cabinetry, quartz countertops, and stainless steel appliances. The property has new electrical, plumbing, and mechanical systems. The property is located near the Tobin Bridge, Revere Beach Parkway, and Encore, providing commuter convenience and rental demand.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    Everett
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0482818
    Latitude
    42.4038383

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    FAQs

    What type of property is this?
    Apartment building - Turnkey, renovated six-unit property in Everett generating strong rental income.
    Where is this apartment building located?
    The property is located at 181-183 Chelsea St Everett, MA.
    What is the asking price?
    The asking price for this property is $2,749,000.
    What are key features of this property?
    This property features: - Generates over $17,650/month in rental income.; - Turnkey and fully renovated 6-family property.; - Six spacious 3BD/1BA units, each over 1,200 sq ft.
    (508) 948-8266
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    Everett, MA 02149
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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
    181-183 Chelsea St Everett, MA 02149
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