Property profile

469 Broadway Chelsea, MA 02150

OFF-MARKET
Investment properties
Property ID
US38-1577281
7,114 SF 0.04 ac lot Built 1920
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,114 SF
Lot 0.04 ac (1,631 SF)
Zoning code BR
APN CHEL M:038 P:122
UPID US38-1577281

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Loan Service Bank

Location

469 Broadway Chelsea, MA 02150
Chelsea metro Census 160200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k

Owner & transaction history

since 2006
3 recorded transactions
2006
$1
2006
Price N/A
1995
$157,500

Zoning & alternative use

BR · Chelsea, MA
Zoning description

The purpose of the BR district is to provide a downtown area with the range of business sales and services which generally constitute a central business district with the aim of promoting enhanced commercial identity, vi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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