Discover a rare opportunity with this turnkey three-family home, strategically located near major public transportation. Meticulously upgraded by the current owners, the property features new electrical, mechanical, and plumbing systems, a brand-new rubber roof, and full renovations to all three units. With all units currently leased and Certificates of Habitability and Letters of Compliance in hand, this is an investor's dream. Don't miss out on this prime real estate offering a seamless blend of modern living and immediate rental income. Schedule your viewing today.
Multi-familyProperty Type
1920Year Built
1,800 sq ftLot Size
$393Est. Price/Sq.Ft.
Listed by Ricardo Amaya• Broad Sound Real Estate, LLC
Bought with Alison Socha Group• Leading Edge Real Estate
Great location for an investment in Chelsea! This large 3 unit multi-family presents great income opportunity as rents are increasing for 2-3 bedroom units. Located right around the corner from the commuter rail, bus transportation stop on that corner, close to medical facilities (MGH Urgent Care and Chelsea Health Care Ctr) and only 10 min. to Boston Logan Airport. Encore Boston Harbor is also only 13 mins. away. Permit parking during the week for residents and no permit needed on weekends for on street parking. It is on a dead end with 6 houses on the street. Lots of opportunity with this property in this location. 24-48hr notice to show.
MLS PIN #70794422
Sep 30, 2008
Sold
$200,000
$73/sq ft
Aug 18, 2008
Listing Removed
—
Jul 18, 2008
Listed
$229,900
$84/sq ft
3 family in average connditions. Separate utilities. 2nd and 3rd floors are use as 3 bedrooms. Property is fully occupied with long term tenants. $3200 potential rent. Call for details! Subject to 3rd party approval.
Public Records
Mar 28, 2006
Sold
$475,000
$174/sq ft
Public Records
Jul 28, 2000
Sold
$225,000
$82/sq ft
MLS PIN #50482896
Jan 30, 1998
Sold
$103,500
$38/sq ft
Oct 27, 1997
Listing Removed
—
Sep 7, 1997
Listed
$109,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,358 (+9.8%)
$120,500 + $554,600
$675,100
2022
$7,611 (+3.7%)
$114,700 + $459,700
$574,400
2021
$7,341 (+42.5%)
$109,300 + $429,700
$539,000
2020
$5,150 (+5.2%)
$104,000 + $280,600
$384,600
2019
$4,896 (+9.7%)
$104,000 + $239,600
$343,600
2018
$4,465 (+4.0%)
$104,000 + $212,700
$316,700
2017
$4,293 (+18.1%)
$104,000 + $195,400
$299,400
2016
$3,634 (+14.9%)
$104,000 + $151,000
$255,000
2015
$3,164 (+14.0%)
$90,500 + $129,200
$219,700
2014
$2,775 (+5.3%)
$78,700 + $107,800
$186,500
2013
$2,635 (+2.1%)
$78,700 + $107,800
$186,500
2012
$2,582 (+3.5%)
$87,800 + $99,200
$187,000
2011
$2,495 (+6.9%)
$91,500 + $101,600
$193,100
2010
$2,335 (−39.6%)
$91,500 + $101,600
$193,100
2009
$3,863
$155,900 + $201,800
$357,700
Tax history for 237 Walnut St
Year
Property tax
Land + Additions
Assessment*
2023
$8,358 (+9.8%)
$120,500 + $554,600
$675,100
2022
$7,611 (+3.7%)
$114,700 + $459,700
$574,400
2021
$7,341 (+42.5%)
$109,300 + $429,700
$539,000
2020
$5,150 (+5.2%)
$104,000 + $280,600
$384,600
2019
$4,896 (+9.7%)
$104,000 + $239,600
$343,600
2018
$4,465 (+4.0%)
$104,000 + $212,700
$316,700
2017
$4,293 (+18.1%)
$104,000 + $195,400
$299,400
2016
$3,634 (+14.9%)
$104,000 + $151,000
$255,000
2015
$3,164 (+14.0%)
$90,500 + $129,200
$219,700
2014
$2,775 (+5.3%)
$78,700 + $107,800
$186,500
2013
$2,635 (+2.1%)
$78,700 + $107,800
$186,500
2012
$2,582 (+3.5%)
$87,800 + $99,200
$187,000
2011
$2,495 (+6.9%)
$91,500 + $101,600
$193,100
2010
$2,335 (−39.6%)
$91,500 + $101,600
$193,100
2009
$3,863
$155,900 + $201,800
$357,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
2,733
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1287705
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
R2
Residential R-2 District
The purpose of the R2 district is to provide an area for multifamily dwellings and associated uses.