238 Chelsea Street Everett, MA 2149
26-unit apartment building near Boston with value-add potential.
Type:Multi-family
Property size:
15,372 SFLot size:
0.34 AcresPrice / SF:
$471/SF- Added:
- Feb 6, 2026
- Days on Market:
- 77
- Last Refresh:
- Apr 21 at 6:07 am
Property Features for 238 Chelsea Street
General Information
- Standard status
- Active
- Size
- 15,372 SF
- Lot size
- 0.34 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1970
Listing agent Drew Kirkland
Listing office Northeast Private Client Group,LLC
Listing date Feb 6, 2026
Source Stevebremis
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
Overview
Everett Multifamily Investment Opportunity
The Chelsea Street Apartments, located at 238 Chelsea Street in Everett, Massachusetts, offer an investment opportunity in a multifamily property. Situated directly north of Boston, the property benefits from its proximity to Route 1 and convenient access to the MBTA Orange Line and Chelsea Train Station. Constructed in 1970, this three-story brick building contains 26 units: 20 studio apartments and 6 one-bedroom apartments. The building is fully deleaded and sits on a 0.34-acre lot, which is equivalent to 14,810 square feet. Residents have access to off-street parking and coin-operated laundry facilities. The property is located less than 2 miles from the Wynn Casino and near new developments, including The Pioneer, Jade, and Anthem Everett. The current average rent for studio apartments is $1,674 per month, while the fair market rent in Everett is $2,359. The current average rent for one-bedroom apartments is $1,838 per month, while the fair market rent in Everett is $2,475. The building size is 15,372 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Everett
- County
- Middlesex
- State
- Massachusetts
- Longitude
- -71.0459592
- Latitude
- 42.4032892
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 26-unit apartment building near Boston with value-add potential.
Where is this apartment building located?
The property is located at 238 Chelsea Street 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.; Located in close proximity to Boston, Route 1, MBTA Orange Line, and Chelsea Train Station, offering convenient transportation options.; Property consists of 20 studio apartments and 6 one‑bedroom units, providing a diverse tenant base.
