$8,000,000
238 Chelsea Street
Everett, MA, 02149
Pleased to present the Chelsea Street Apartments are located at 238 Chelsea Street in Everett, MA. Directly north of Boston, close proximity to Route 1, easy access to MBTA (Orange Line) & Chelsea Train Station. This fully deleaded 3-story brick building built in 1970 sits on a 0.34 acre (14,810 SF) lot. Consisting of (20) studio apartments & (6) One bedroom units. Tenants enjoy off-street parking and coin-op laundry. Located less than 2 miles from Wynn Casino and down the street from new developments including The Pioneer, Jade, Anthem Everett etc. There is a significant opportunity to bring rents up to market across the board. Currently, the building average for studio apartments is $1,674 a month compared to the fair market rent for a studio in Everett of $2,359, a difference of $685 per unit per month. The building average for one-bedroom apartments is $1,838 a month compared to the fair market rent for a one bedroom in Everett of $2,475, a difference of $637 per unit per month.
Property Details
Price:
$8,000,000
MLS #:
73479682
Status:
Active
Beds:
26
Baths:
26
Address:
238 Chelsea Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Everett
Listed Date:
Feb 24, 2026
State:
MA
Finished Sq Ft:
15,372
Total Sq Ft:
15,372
ZIP:
02149
Lot Size:
14,810 sqft / 0.34 acres (approx)
Year Built:
1970
Units:
26
Schools
Interior
Bathrooms
26 Full Bathrooms
Exterior
Parking Spots
18
Financial
Tax Year
2025
Taxes
$42,114
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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Courtesy of Northeast Private Client Group, LLC. 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.
238 Chelsea Street
Everett, MA
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