4 Warren Ave Chelsea MA 02150 MLS #73389751

4 Warren Ave
Chelsea, MA, 02150
$1,650,000
12 Beds
6 Baths
3,712 SqFt
0.17 Acres
$1,650,000
4 Warren Ave
Chelsea, MA, 02150
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.

Property Details

Price:
$1,650,000
MLS #:
73389751
Status:
Active
Beds:
12
Baths:
6
Address:
4 Warren Ave
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
Prattville
City:
Chelsea
Listed Date:
Jun 11, 2025
State:
MA
Finished Sq Ft:
3,712
Total Sq Ft:
3,712
ZIP:
02150
Lot Size:
7,200 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Appliances
Washer, Dryer
Bathrooms
6 Full Bathrooms
Heating
Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Highway Access
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
6
Roof
Rubber

Financial

Net Operating Income
$117,000
Tax Year
2025
Taxes
$14,880
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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…

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