239 Chestnut Street is a three unit multi-family building comprised of three, 3-Bedroom/1-Bathroom units with 3,513 square feet of living area in 4,684 total square feet on a 0.043-acre parcel. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly while the landlord is responsible for domestic water and sewer. The building has been well maintained during ownership. While the building is typically fully occupied, the opportunity exists to drive rental rates through programmatic upgrades and renovations to the kitchens and bathrooms in all units, allowing the incoming owner to maximize rents in a supply constrained market. 239 Chestnut is situated in the heart of Chelsea, a high-density urban-infill city just northeast of downtown Boston, and located one block from Broadway, the area’s primary commercial corridor, with public transportation readily available.
Multi-familyProperty Type
1920Year Built
1,873 sq ftLot Size
$281Est. Price/Sq.Ft.
Listed by Dennis Kelleher• Horvath & Tremblay
Bought with Juan Cano• Broad Sound Real Estate, LLC
!!MULTIPLE OFFER NOTIFICATION!! There are multiple offers on this property. The seller is requesting highest and best offers from all parties by Noon on Friday 6/26/2009. Multiple Offer Notification form MUST be signed by Buyer and Agent and sent along with highest and best offer. Form will be emailed to you through MAPASS when appointment is scheduled. Lender owned property, all accepted offers must include a Bank of America pre-qual letter.
MLS PIN #70345632
Jun 30, 2006
Sold
$440,000
$125/sq ft
Mar 20, 2006
Listing Removed
—
Mar 12, 2006
Listed
$479,900
$137/sq ft
Clean solid Three-Family investment with modern kitchens and baths. Property has been very well maintained and is fully occupied with all tenant-at-will rental agreements. Lead certificates on file, building equipment such as Boilers, H/W Heaters and windows all updated. Property is located close to public transportation, Schools and all major access routes which keep occupancy at 100%. Great Investment opportunity.
Year
Property tax
Land + Additions
Assessment*
2023
$9,989 (−1.2%)
$122,300 + $684,600
$806,900
2022
$10,115 (+3.8%)
$116,500 + $646,900
$763,400
2021
$9,745 (+31.7%)
$111,000 + $604,500
$715,500
2020
$7,397 (+17.4%)
$105,700 + $446,700
$552,400
2019
$6,301 (+11.0%)
$105,700 + $336,500
$442,200
2018
$5,677 (+5.0%)
$105,700 + $296,900
$402,600
2017
$5,408 (+20.7%)
$105,700 + $271,400
$377,100
2016
$4,479 (+4.9%)
$105,700 + $208,600
$314,300
2015
$4,270 (+15.2%)
$91,900 + $204,600
$296,500
2014
$3,705 (+5.3%)
$79,900 + $169,100
$249,000
2013
$3,518 (+4.9%)
$79,900 + $169,100
$249,000
2012
$3,354 (+3.7%)
$89,300 + $153,600
$242,900
2011
$3,234 (+6.9%)
$93,000 + $157,300
$250,300
2010
$3,026 (−28.2%)
$93,000 + $157,300
$250,300
2009
$4,213
$158,400 + $231,700
$390,100
Tax history for 239 Chestnut St
Year
Property tax
Land + Additions
Assessment*
2023
$9,989 (−1.2%)
$122,300 + $684,600
$806,900
2022
$10,115 (+3.8%)
$116,500 + $646,900
$763,400
2021
$9,745 (+31.7%)
$111,000 + $604,500
$715,500
2020
$7,397 (+17.4%)
$105,700 + $446,700
$552,400
2019
$6,301 (+11.0%)
$105,700 + $336,500
$442,200
2018
$5,677 (+5.0%)
$105,700 + $296,900
$402,600
2017
$5,408 (+20.7%)
$105,700 + $271,400
$377,100
2016
$4,479 (+4.9%)
$105,700 + $208,600
$314,300
2015
$4,270 (+15.2%)
$91,900 + $204,600
$296,500
2014
$3,705 (+5.3%)
$79,900 + $169,100
$249,000
2013
$3,518 (+4.9%)
$79,900 + $169,100
$249,000
2012
$3,354 (+3.7%)
$89,300 + $153,600
$242,900
2011
$3,234 (+6.9%)
$93,000 + $157,300
$250,300
2010
$3,026 (−28.2%)
$93,000 + $157,300
$250,300
2009
$4,213
$158,400 + $231,700
$390,100
*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
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
3,513
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
4628348
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
R2
WCFOD
Residential R-2 District
The purpose of the R2 district is to provide an area for multifamily dwellings and associated uses.
Zone overlays
WIRELESS OVERLAY DISTRICT
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Parking Features: Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Unfinished
Interior Features
# of Rooms (Total): 15
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N
Exterior
Building Information
Building Area (Total): 3,513
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Certified Treated
Exterior Features
Roof: Tar/Gravel
Property Information
PropertySubType: 3 Family - 3 Units Up/Down
Lot Information
Lot Size (Acres): 0.04
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $9,989
Tax Year: 2023
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Individually Metered
Location
Location Information
Directions: One block from Broadway
UnparsedAddress: 239 Chestnut St, Chelsea MA 02150
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Highway Access, T-Station
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 3,513
Stories: 3.0
Lot Size: 1,742 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Suffolk County
APN: 4628348
Home facts updated by county records on Jul 20, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Eugene Wright Science And Technology Academy
Public 5-8 • Assigned • 0.1mi
4/10
Chelsea High School
Public 9-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Chelsea, MA • 02150
Average low and high temperatures (°F)
34
22
37
24
51
34
58
42
68
52
79
63
84
69
78
63
73
60
64
49
53
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$938,000 – $1.14M
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