Multifamily Property in Boston
For Sale
Contact for pricing
Pending
717-721 Broadway & 10-24 Spencer Ave, Chelsea, MA 02150
Multifamily property zoned R-3, ideal for residential development.
Property SizeContact for details
Days on Market462
Property Features for 717-721 Broadway & 10-24 Spencer Ave
General Information
Standard status
Pending
Property subtype
Land, Multifamily
Zoning
R-3
Listing Agency:
Berkshire Hathaway HomeServices Verani Realty Londonderry
Listed By:
Kimberly Reagan · License #NH 067557
Source:
Crexi
Added: May 5, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:30AM
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 Berkshire Hathaway HomeServices Verani Realty Londonderry
Investment Insights
Based on property information with market context.
This multifamily property, located at 717-721 Broadway & 10-24 Spencer Ave in Chelsea, MA, presents an investment opportunity in the Boston area. Zoned R-3, the site is suitable for residential development, offering potential for investors looking to capitalize on the demand for housing in the Boston area and create a multifamily asset.
Key Highlights
- Prime multifamily property in the Boston area.
- Zoned R‑3, ideal for residential development.
- Strategic location in Chelsea, MA.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,138
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Multifamily property zoned R-3, ideal for residential development.
Where is this residential land & home lot located?
The property is located at 717-721 Broadway & 10-24 Spencer Ave Chelsea, MA.
What are key features of this property?
This property features: Prime multifamily property in the Boston area.; Zoned R‑3, ideal for residential development.; Strategic location in Chelsea, MA.
