Chelsea Street Apartments For Sale

238 Chelsea St, Everett, MA 02149

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For Sale

$7,250,000

26-unit apartment building in Everett with value-add potential.

Type:Investment

Lot size:

0.34 Acres

HighLights

Significant opportunity to increase rents to market rates, with potential gains of $685/month per studio and $637/month per one‑bedroom unit.
Excellent location with a Walk Score of 81, indicating high walkability.
Good transit options with a Transit Score of 61, and easy access to MBTA (Orange Line) & Chelsea Train Station.
Proximity to major routes (Route 1) and nearby attractions.
The property features 20 studio apartments and 6 one‑bedroom units.
Off‑street parking and coin‑op laundry available for tenants.

We can help!

Listing Contact

Francis Saenz

Learn more

For Sale

$7,250,000

26-unit apartment building in Everett with value-add potential.

Type:Investment

Lot size:

0.34 Acres

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 6:05 pm

Property Features for 238 Chelsea St

General Information

Standard status: Active
Lot size: 0.34 Acres
Property subtype: Investment

Building Details

Year Built: 1970

We can help!

Listing Contact

Francis Saenz

Listing agent Francis Saenz License #134670

Listing office Northeast Private Client Group, LLC

Listing date Apr 24, 2026

Source Elliman

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 Northeast Private Client Group, LLC

HighLights

Significant opportunity to increase rents to market rates, with potential gains of $685/month per studio and $637/month per one‑bedroom unit.
Excellent location with a Walk Score of 81, indicating high walkability.
Good transit options with a Transit Score of 61, and easy access to MBTA (Orange Line) & Chelsea Train Station.
Proximity to major routes (Route 1) and nearby attractions.
The property features 20 studio apartments and 6 one‑bedroom units.
Off‑street parking and coin‑op laundry available for tenants.

Overview

The Chelsea Street Apartments, located at 238 Chelsea Street in Everett, MA, offer an investment opportunity in a 3-story brick building constructed in 1970. The property is situated on a 0.34 acre (14,810 SF) lot. The building comprises (20) studio apartments and (6) one-bedroom units. Residents have access to off-street parking and coin-operated laundry facilities. The location provides convenient access to Route 1, the MBTA Orange Line, and the Chelsea Train Station. The property is less than 2 miles from the Wynn Casino and near new developments, including The Pioneer, Jade, and Anthem Everett. The property is located directly north of Boston. There is an opportunity to increase rents to market rates. The building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475. The property has a walk score of 81, indicating it is very walkable, a transit score of 61, indicating good transit options, and a bike score of 47, indicating it is somewhat bikeable.

Location Intelligence

Current Use by Public Records

Apartment buildings

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Location Insight

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Local Demand

City: Everett
County: Middlesex
State: Massachusetts
Longitude: -71.0459592
Latitude: 42.4032892

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For sale
Apartment buildings
MA
Everett
02149
238 Chelsea St

What type of property is this?

Apartment building - 26-unit apartment building in Everett with value-add potential.

Where is this apartment building located?

The property is located at 238 Chelsea St Everett, MA.

What is the asking price?

The asking price for this property is $7,250,000.

What are key features of this property?

This property features: Significant opportunity to increase rents to market rates, with potential gains of $685/month per studio and $637/month per one‑bedroom unit.; Excellent location with a Walk Score of 81, indicating high walkability.; Good transit options with a Transit Score of 61, and easy access to MBTA (Orange Line) & Chelsea Train Station.

238 Chelsea St, Everett, MA 02149

26-unit apartment building in Everett with value-add potential.

Property Features for 238 Chelsea St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two-Family Home with In-Law Suite

Three-Family Property in Everett, MA

Newly Renovated Two-Family Duplex

Two-Family Residence with Patio

Spacious Multifamily Residence in Everett

Versatile Two-Family Home

Commercial Building in Growing City

Spacious Two-Family Home in Everett

Worship and Community-Use Property

Spacious Multi-Family Residence

Mixed-Use Property in Glendale Neighborhood

Worship and Community-Use Property

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