238 Chelsea St Everett, MA 2149
26-unit apartment building in Everett with value-add potential.
Type:Investment
Lot size:
0.34 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 8
- 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
Listing agent Francis Saenz License #149766 (857) 990-6803
Listing office Northeast Private Client Group, LLC (857) 990-6803
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
Overview
Chelsea Street Apartments For Sale
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
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 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.
