Spacious Two-Family Home Near
For Sale
$499,000
Pending
65 Sixth, Chelsea, MA 02150
Two-family home near transit, ideal for investors or conversion.
Property Size2,536 SF
Lot Size0.08 Acres
Days on Market313
Property Features for 65 Sixth
General Information
Standard status
Pending
Size
2,536 SF
Lot size
0.08 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,589
Building Details
Building Size
2,536 SF
Year Built
1900
Stories
2
Units
2
Listed By:
Neill Kumar
(845) 206-8065
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 25
Last Checked: Oct 5 at 6:34PM
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 Neill Kumar
Investment Insights
Based on property information with market context.
This two-family home presents an investment opportunity for rental income or condominium conversion. Each unit features 3 bedrooms, a living room, and an eat-in kitchen. The property includes a long driveway that can accommodate 4 to 5 cars in tandem. Located near the Silver Line and commuter rail, the house is also conveniently situated near shops, restaurants, and bus lines. The property is sold AS IS, and all due diligence is the responsibility of the buyer. The tenants are tenants at will.
Key Highlights
- Excellent investment opportunity for rental income or condominium conversion.
- Located steps from the Silver Line and Commuter Rail.
- Two units, each with 3 spacious bedrooms, living room, and eat‑in kitchen.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,053
Cap Rate
8.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,060
$881.1K
Cap Rate 7%
$629,329
$629.3K
Cap Rate 9%
$489,478
$489.5K
Market Conditions
NOI Build-Up for 2,536 SF
Gross rent
$85.2K $33.60/SF
− Vacancy
−$5.1K −$2.02/SF
EGI
$80.1K $31.58/SF
− OpEx
−$36.0K −$14.21/SF
NOI
$44.1K $17.37/SF
Area
Suffolk County, MA
Vacancy
6.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$881,060
Cap Rate 7%
$629,329
Cap Rate 9%
$489,478
Alternative Uses
Best Use
Multifamily LT 5
$690.2K
$603.9K – $805.2K
NOI $48,314 @ 7.0% cap · market cap 9.68%
Second Best
Apartment 5plus
$629.3K
$550.7K – $734.2K
NOI $44,053 @ 7.0% cap · market cap 8.83%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,091 @ 7.0% cap · market cap 21.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 02150, MA
40,721
Population
14,162
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
69%
High-School Grad
2.2 sq mi
ZIP Area
18,510
Density / Sq Mi
$72,122
Median Household Income
$41,046
Median Earnings
$1,861
Median Rent
$476,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family home near transit, ideal for investors or conversion.
Where is this duplex located?
The property is located at 65 Sixth Chelsea, MA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Excellent investment opportunity for rental income or condominium conversion.; Located steps from the Silver Line and Commuter Rail.; Two units, each with 3 spacious bedrooms, living room, and eat‑in kitchen.
