Evelyn Zamary
Price Reduced 1.82%
11 Williams Street, Chelsea, MA, 02150
18 rooms
7 beds
4 Full / 2 Half baths
1915
4,060 sqft
Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
5-9 Family
Levels:
5
Acreage:
0.05
Est. Taxes:
$18,234
Assessment
$1,016,900
Construction
Frame
Utilities
for Gas Oven
Lot Description:
Corner Lot, Other
Amenities:
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
MLS #:
73456489
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Zachary Conley, NextGen Realty, Inc. 617-208-2100