Attention investors! Brick 3-family in the heart of booming Chelsea. Steps away from new Silver Line T opening Spring 2018. Walking distance to downtown shops, restaurants, and entertainment. 100% occupied with TAW. Each unit is separately metered for gas and electric. Each unit has lead paint certificates. Option to buy attached neighbor for a 6-family detached property. Open house is Saturday, September 23rd from 1:00 pm to 4:00 pm.
Multi-familyProperty Type
1920Year Built
1,242 sq ftLot Size
$338Est. Price/Sq.Ft.
Listed by Geoffrey Smith• Philbin Realty and Renovations
Bought with William Black• Cobblestone Real Estate
This property is a nice 3 family located near the center of town. It features easy to maintain brick facade and fairly good size rooms. Separate heat and electric as well as a newer roof. The building bring in a decent rental income and it is great as a rental property as it is within walking distance to the bus, commuter rail, restaurants, stores and parks
Public Records
Nov 13, 2009
Sold
$205,000
$80/sq ft
Public Records
May 7, 1987
Sold
$136,000
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$7,326 (−1.5%)
$108,100 + $483,700
$591,800
2022
$7,441 (+3.7%)
$102,900 + $458,700
$561,600
2021
$7,175 (+7.6%)
$98,000 + $428,800
$526,800
2020
$6,666 (−5.5%)
$93,300 + $404,500
$497,800
2019
$7,057 (+20.8%)
$93,300 + $401,900
$495,200
2018
$5,844 (+5.7%)
$93,300 + $321,200
$414,500
2017
$5,531 (+22.4%)
$93,300 + $292,400
$385,700
2016
$4,520 (+23.4%)
$93,300 + $223,900
$317,200
2015
$3,663 (+15.5%)
$81,200 + $173,200
$254,400
2014
$3,172 (+5.3%)
$70,600 + $142,600
$213,200
2013
$3,013 (+5.2%)
$70,600 + $142,600
$213,200
2012
$2,864 (+3.7%)
$78,500 + $128,900
$207,400
2011
$2,761 (−53.3%)
$81,700 + $132,000
$213,700
2010
$5,918 (−6.3%)
$119,400 + $370,100
$489,500
2009
$6,313
$203,300 + $381,200
$584,500
Tax history for 243 Chestnut
Year
Property tax
Land + Additions
Assessment*
2023
$7,326 (−1.5%)
$108,100 + $483,700
$591,800
2022
$7,441 (+3.7%)
$102,900 + $458,700
$561,600
2021
$7,175 (+7.6%)
$98,000 + $428,800
$526,800
2020
$6,666 (−5.5%)
$93,300 + $404,500
$497,800
2019
$7,057 (+20.8%)
$93,300 + $401,900
$495,200
2018
$5,844 (+5.7%)
$93,300 + $321,200
$414,500
2017
$5,531 (+22.4%)
$93,300 + $292,400
$385,700
2016
$4,520 (+23.4%)
$93,300 + $223,900
$317,200
2015
$3,663 (+15.5%)
$81,200 + $173,200
$254,400
2014
$3,172 (+5.3%)
$70,600 + $142,600
$213,200
2013
$3,013 (+5.2%)
$70,600 + $142,600
$213,200
2012
$2,864 (+3.7%)
$78,500 + $128,900
$207,400
2011
$2,761 (−53.3%)
$81,700 + $132,000
$213,700
2010
$5,918 (−6.3%)
$119,400 + $370,100
$489,500
2009
$6,313
$203,300 + $381,200
$584,500
*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
5
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Sq. Ft.
2,562
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1287676
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 1, 2025.
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
Interior
Bathroom Information
# of Bathrooms (Full): 3
Interior Features
# of Rooms (Total): 11
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y
Exterior
Building Information
Building Area (Total): 2,562
Foundation Details: Block
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Lead Paint: None
Exterior Features
Fencing: Fenced/Enclosed
Property Information
PropertySubType: 3 Family - 3 Units Up/Down
Lot Information
Lot Size (Acres): 0.03
Financial
Tax Information
Tax Annual Amount: $5,530.96
Tax Year: 2018
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Location
Location Information
Directions: From route 1, take 4th Street to Division Street to Broadway then onto Chestnut Street.
UnparsedAddress: 243 Chestnut, Chelsea MA 02150
Community Information
Senior CommunityYN: No
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,562
Stories: 3.0
Lot Size: 1,307 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Suffolk County
APN: 1287676
Home facts updated by county records on Apr 1, 2025
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
4/10 Flood Factor
Estimated 16-24% chance 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
$823,000 – $996,000
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