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    OFF-MARKET
    Commercial real estate

    1 Albion Pl, Chelsea, MA 02150

    Built 1900
    Property ID
    US38-1556696
    Property summary
    AI-generated overview

    This exceptional multifamily investment opportunity comprises a portfolio of four apartment buildings totaling 27 units, located in the desirable Chelsea, MA, 02150 area. Built in 1900, these properties boast a strong, stabilized cash flow and are situated in high-demand, transit-oriented locations with favorable high-density residential characteristics and desirable walk scores. The portfolio benefits from easy access to major highways, public transportation, schools, and a robust amenity base including restaurants, retail, and service businesses. Strong market fundamentals and positive rental demand create a solid foundation for future growth, with upside potential through management efficiencies and rental increases. The buildings are well-maintained with updated finishes, presenting a compelling value-add proposition for discerning investors. Addresses include 1 Albion Pl, 33 Carroll St, and 22 Blossom St, all within Suffolk County. This portfolio offers a rare chance to acquire a well-positioned, income-producing asset in a thriving urban market. The properties are strategically located to benefit from the area's continued growth and increasing demand for rental housing. This is a turnkey investment ready for immediate cash flow and future appreciation.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1900
    UPID US38-1556696
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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