23-25 Division St Chelsea MA 02150 MLS #73352092

23-25 Division St
Chelsea, MA, 02150
$1,325,000
8 Beds
5 Baths
3,435 SqFt
0.05 Acres
$1,325,000
23-25 Division St
Chelsea, MA, 02150
23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.

Property Details

Price:
$1,325,000
MLS #:
73352092
Status:
Active
Beds:
8
Baths:
5
Address:
23-25 Division St
Type:
Multi Family
Subtype:
5-9 Family
City:
Chelsea
Listed Date:
Mar 31, 2025
State:
MA
Finished Sq Ft:
3,435
Total Sq Ft:
3,435
ZIP:
02150
Lot Size:
2,178 sqft / 0.05 acres (approx)
Year Built:
1900
Units:
5

Schools

Interior

Bathrooms
4 Full Bathrooms, 2 Half Bathrooms

Exterior

Roof
Rubber

Financial

Net Operating Income
$105,383
Tax Year
2025
Taxes
$18,235
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing
Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

More About Marie

Mortgage Calculator

 

Map

Similar Listings Nearby

Courtesy of Horvath & Tremblay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Rover IDX
23-25 Division St
Chelsea, MA