Price Reduced 15.45%

$1,395,000 ($375.81 per sqft)

Est. Mortgage $6,691/mo *

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4 Warren Ave, Chelsea, (Prattville), MA, 02150

4 Warren Ave, Chelsea, (Prattville), MA, 02150
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15 rooms

12 beds

6 Full baths

1900

3,712 sqft

Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.

Status:

Active

Town:

Chelsea

Type:

Multi-family

Units:

6

Zoning:

R-2

Heating:

Natural Gas

Basement:

Full, Finished

Levels:

5

Parking:

6-car, Paved Drive, Off Street

Acreage:

0.17

Est. Taxes:

$14,880

Assessment

$1,292,800

Construction

Frame

Amenities:

Public Transportation, Shopping, Medical Facility, Highway Access

Appliances:

Washer, Dryer

MLS #:

73389751

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Peter Giannikopoulos, Coldwell Banker Realty - Boston 617-266-4430