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Chelsea,MA 02150
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 28,836 sqft
Price per Sqft $381
MLS Listing ID 73357409
Bedrooms 63
Full Baths 44
Year Built 1900
Annual Tax Amount $85,744
Tax Year 2025
Lot Size 0.520 Acres
Acres 0.52
Property Sub-Type 5+ Family - 5+ Units Side by Side
Property Description
The Maverick Portfolio is comprised of four multi-family properties located at 125-129 Arlington St (MLS #73357408), 36-40 Orange St (MLS #73357407) & 93-95 Orange St (MLS #73357406), & 827-835 Broadway (MLS #73357406). The Portfolio contains forty-four residential units comprised of five 3-Bedroom/1-Bathroom units, nine 2-Bedroom/1-Bathroom units, twenty-four 1-Bedroom/1-Bathroom units, and six Studio units. Each of the Properties has an on-site laundry facility, and 827-835 Broadway offers four on-site parking spaces. The Maverick Portfolio offers the opportunity to acquire four investment properties in a highly desirable urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are well below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.
Location
State MA
County Suffolk
Zoning BH, R2, R3
Direction Multiple Properties
Exterior
Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School,T-Station
Roof Type Shingle,Rubber
Total Parking Spaces 4
Garage No
Building
Lot Description Other
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false