Single-Family with In-Law
41 Webster Avenue Chelsea, MA 02150
41 Webster Avenue, Chelsea, MA, 02150
$869,900
For Sale
$869,900
Single-family home with in-law unit space, split-level interiors, and four paved off-street parking spaces.
Property Size2,885 SF
Price / SF$301.53
Days on Market105
Property Features for 41 Webster Avenue
General Information
- Standard status
- Active
- Size
- 2,885 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing agency
ERA Metropolitan Homes
Listed by
Roy Avellaneda
(617) 731-4644
Source
Hammondre
Added: Apr 8 Updated: Jul 21 at 7:37AM Checked: Jul 21 at 7:37AM
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 ERA Metropolitan Homes
Investment Insights
Based on property information with market context.
This single-family home includes in-law unit space and has been owned and well maintained by the same family for three generations. The in-law portion is split between two levels and includes a kitchen, living area, a full bath, and a bedroom, with a half bath and washer/dryer on the upper level. The lower level offers finished space with two separate rooms, a full bath, and a utility room toward the rear. A second unit is also configured over two levels, with kitchen and living plus a full bath on the entry level, and two large bedrooms with walk-in closets on the third floor. The second unit is currently tenant-occupied, with a lease ending in August 2026.
The property sits on a quieter end of Webster Avenue in Chelsea and includes a lot with four paved off-street parking spaces and rear yard space.
Overall, the layout provides distinct living areas across multiple levels, supported by dedicated bathrooms on both the in-law and second-unit configurations, along with on-site laundry in the in-law unit.
The property sits on a quieter end of Webster Avenue in Chelsea and includes a lot with four paved off-street parking spaces and rear yard space.
Overall, the layout provides distinct living areas across multiple levels, supported by dedicated bathrooms on both the in-law and second-unit configurations, along with on-site laundry in the in-law unit.
Key Highlights
- Single‑family home with in‑law unit space built in 1920
- Four (4) paved off‑street parking spaces plus rear yard space
- In‑law unit is split‑level with kitchen, living, full bath, bedroom, and half bath/washer‑dryer on upper level
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.1k | $28.80 |
| − Vacancy | −$4.6k | −$1.58 |
| EGI | $78.5k | $27.22 |
| − OpEx | −$23.6k | −$8.16 |
| NOI | $55.0k | $19.05 |
2,885 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$785.2K
$687.0K – $916.1K
NOI $54,963 @ 7.0% cap · market cap 6.32%
Second Best
Apartment 5plus
$715.9K
$626.5K – $835.3K
NOI $50,116 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M
NOI $119,554 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Single-family home with in-law unit space, split-level interiors, and four paved off-street parking spaces.
Where is this duplex located?
The property is located at 41 Webster Avenue Chelsea, MA.
What is the asking price?
The asking price for this property is $869,900.
What are key features of this property?
This property features: Single‑family home with in‑law unit space built in 1920; Four (4) paved off‑street parking spaces plus rear yard space; In‑law unit is split‑level with kitchen, living, full bath, bedroom, and half bath/washer‑dryer on upper level
