$1,495/Mo

16 5Th St,Unit 5, Chelsea, MA 02150
View Listing

A studio apartment in the LUX 16 building in Chelsea near Boston, configured with a space-saving Murphy bed system and finished with hardwood flooring, granite countertops, custom cabinetry, and stainless steel appliances. Interior features include custom closets, a built-in granite desk with a charging port, and a LifeBreath air filtration system. The unit is equipped with central A/C, a jumbo shower, and in-building laundry, and it is described as fully insulated. The building is located…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$30k

Tax billed · 2024

Assessed value$2.51M

Assessed land$151k

Assessed improvement$2.36M

Effective rate1.19%

Value estimate

· Oct 2026

$1.23M

$1.11M – $1.35M

NOI build-up

Gross scheduled income$336k

Vacancy & credit loss−$20k

Operating expenses−$142k

NOI · 11,618.39% cap applied$174k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

11,618.39%

$174k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionCHELSEA

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm15.1

Skin Care Clinic13.4

HVAC Service10.3

16 5Th St, Unit 5 Chelsea, MA 02150

County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 14 properties nearby

Address Sale price Sold Size

923 Broadway, Chelsea, MA 02150-2212 $47,500 Apr 2023 6,885 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,060,000

7,078 SF

253 Chestnut St

BOARDING/ROOMING HOUSE

253 Chestnut St, Chelsea, MA 02150

View Details
Value Estimation by Request
6,885 SF

923 Broadway

BOARDING/ROOMING HOUSE

923 Broadway, Chelsea, MA 02150-2212

View Details
Value Estimation
$1,405,000

9,495 SF

15 Congress Ave

BOARDING/ROOMING HOUSE

15 Congress Ave, Chelsea, MA 02150-2864

View Details
Value Estimation
$510,000

2,924 SF

9 6th St

BOARDING/ROOMING HOUSE

9 6th St, Chelsea, MA 02150-2480

View Details
Value Estimation
$3,855,000

25,990 SF

207 Shurtleff St

BOARDING/ROOMING HOUSE

207 Shurtleff St, Chelsea, MA 02150-1839

View Details

Similar Nearby for Sale

$1,062,500

5,000 SF

Three-Unit Apartment Building

Lead-paint certification covers every unit, while the top floor is vacant for leasing or owner occupancy.

67 Marlborough St, Chelsea, MA 02150

View Details
$1,275,000

4,185 SF

Three-Family Property with Full Basement

Three residential units with generous layouts, basement storage, and access to Boston-area transportation and employment centers.

128 Shurtleff St, Chelsea, MA 02150

View Details
$8,700,000

14,800 SF

Restored Mixed-Use Building

Architecturally designed property combines commercial space, one-bedroom apartments, elevator access, and rear parking.

267 Broadway, Chelsea, MA 02150

View Details
New

$1,449,900

3,973 SF

Renovated Three-Unit Triplex

Three apartments feature in-unit laundry, updated building systems, and R2 zoning.

271 Washington Ave, Chelsea, MA 02150

View Details
New

$699,000

3,560 SF

Three-Unit Multifamily Property

All three units are vacant, and the building requires repairs and updates.

721 Broadway, Chelsea, MA 02150

View Details
$1,090,000

3,436 SF

Three-Unit Townhouse Property

Includes a three-bedroom, two-bath home, a two-bedroom townhouse, and a one-bedroom walk-in apartment.

18 Suffolk St, Chelsea, MA 02150

View Details

Similar Nearby for Lease

New

$1,495/Mo

Fully Furnished Studio Apartment

Modern fully furnished studio with central A/C, in-building laundry, granite counters, and a Murphy bed system.

21 Fifth St # 31, Chelsea, MA 02150

View Details
New

$2,200/Mo

2BR Apartment in Chelsea Square

Available 2 bed, 1 bath apartment with hardwood floors and brick walls; no pets and no smoking.

173 Winnisimmet Street # 2, Chelsea, MA 02150

View Details
New

$1,900/Mo

550 sqft

One-Bedroom Apartment with Laundry Access

Efficient one-bedroom unit with wall A/C, hot water included, and access to coin-op laundry in the basement.

88 Broadway Unit 9, Chelsea, MA 02150

View Details

Try Rey

Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

16 5Th St 5 Chelsea, MA 02150

Property summary