Fantastic Investment Opportunity – Legal 4-Family in Chelsea! Don’t miss this incredible chance to own a legal 4-family property in a prime Chelsea location, offering great cash flow potential and long-term value. Perfect for both new buyers and seasoned investors! This well-maintained building includes three 2-bedroom units and one 3-bedroom unit, . Units 1 and 2 (left side) have been freshly painted and are ready for immediate rental, while the remaining two units are currently tenant-occupied, providing built-in income. Located in one of Chelsea’s most commuter-friendly neighborhoods, you're just steps from the 111 express bus to Boston (only 8 minutes to Haymarket Station) and a short walk to the Chelsea Commuter Rail Station. With quick access to major highways, downtown Boston, local shops, restaurants, schools, and parks, this property is a true commuter’s dream.
Multi-familyProperty Type
1900Year Built
3,015 sq ftLot Size
$364Est. Price/Sq.Ft.
Listed by Natasha Cruz• Madelyn Garcia Real Estate
Bought with Mary Ellison• Green Door Realty Boston
**BRAND NEW ROOF & BASEMENT FLOOR** 4 FAMILY Home located in Chelsea’s most convenient location. This home features 8+ bedrooms, 4 bathrooms, all new windows throughout, newer heating,electrical systems and 1 year old hot- water tanks. Location is key to this property just minutes to public transportation, 111 MBTA Bus route ( 8 minutes to Boston Haymarket) .04 miles to Chelsea Station (Commuter Rail), and New Silver Line station with completion date schedule for early spring 2018 . All 4 Units are under market value,(1 Lease & 3 TAW) ** Avarage Rent in Chealse for 2 Bedroom is $1500-$1800 depending on condition**.
MLS PIN #71047162
Oct 31, 2010
Sold
$280,000
$87/sq ft
Aug 3, 2010
Contingent
—
Jul 13, 2010
Price Changed
$289,000
$89/sq ft
Jul 6, 2010
Price Changed
$305,900
$95/sq ft
Jun 15, 2010
Price Changed
$314,900
$97/sq ft
May 24, 2010
Price Changed
$329,900
$102/sq ft
Apr 16, 2010
Price Changed
$344,900
$107/sq ft
Apr 6, 2010
Relisted
—
Mar 26, 2010
Contingent
—
Mar 15, 2010
Listed
$359,000
$111/sq ft
JGREAT INVESTMENT!!! not a short sale not bank owned property offer will be answered fast! Your buyer still has time to get the TAX-CREDIT!! Call today to see this easy to show 4 Family home located close to RT-16,schools, Commuter rail and more. Deleaded cert. available, 2/2/3/3 beds, newer heating units, new roof, the rents are below market value at 700,700,650,640. they could be much higher for this location! long term tenant can stay or seller can deliver one unit vacant. Call us TODAY
Public Records
Dec 18, 1990
Sold
$85,741
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$12,048 (+4.2%)
$186,300 + $786,900
$973,200
2022
$11,567 (+38.4%)
$177,400 + $695,600
$873,000
2021
$8,355 (+6.5%)
$169,000 + $444,400
$613,400
2020
$7,847 (+24.5%)
$160,900 + $425,100
$586,000
2019
$6,301 (+7.5%)
$160,900 + $281,300
$442,200
2018
$5,861 (+1.6%)
$160,900 + $254,800
$415,700
2017
$5,768 (+17.3%)
$160,900 + $241,300
$402,200
2016
$4,916 (+4.3%)
$160,900 + $184,100
$345,000
2015
$4,712 (+14.0%)
$139,900 + $187,300
$327,200
2014
$4,134 (+5.3%)
$121,700 + $156,100
$277,800
2013
$3,925 (−0.8%)
$121,700 + $156,100
$277,800
2012
$3,955 (+2.7%)
$125,600 + $160,800
$286,400
2011
$3,851 (+3.9%)
$130,800 + $167,300
$298,100
2010
$3,707 (−19.3%)
$130,800 + $175,800
$306,600
2009
$4,595
$161,500 + $264,000
$425,500
Tax history for 335-337 Spruce St
Year
Property tax
Land + Additions
Assessment*
2023
$12,048 (+4.2%)
$186,300 + $786,900
$973,200
2022
$11,567 (+38.4%)
$177,400 + $695,600
$873,000
2021
$8,355 (+6.5%)
$169,000 + $444,400
$613,400
2020
$7,847 (+24.5%)
$160,900 + $425,100
$586,000
2019
$6,301 (+7.5%)
$160,900 + $281,300
$442,200
2018
$5,861 (+1.6%)
$160,900 + $254,800
$415,700
2017
$5,768 (+17.3%)
$160,900 + $241,300
$402,200
2016
$4,916 (+4.3%)
$160,900 + $184,100
$345,000
2015
$4,712 (+14.0%)
$139,900 + $187,300
$327,200
2014
$4,134 (+5.3%)
$121,700 + $156,100
$277,800
2013
$3,925 (−0.8%)
$121,700 + $156,100
$277,800
2012
$3,955 (+2.7%)
$125,600 + $160,800
$286,400
2011
$3,851 (+3.9%)
$130,800 + $167,300
$298,100
2010
$3,707 (−19.3%)
$130,800 + $175,800
$306,600
2009
$4,595
$161,500 + $264,000
$425,500
*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
9
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
3,234
Year built
1900
Style
Multi-Family (5+ Unit)
County
Suffolk County
APN
1288597
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.
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
Has Open Parking
Parking Features: On Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
Laundry Information
Laundry Features: Gas Dryer Hookup
Interior Features
# of Rooms (Total): 18
Flooring: Wood, Tile, Carpet
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #4 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 3,234
Foundation Details: Stone
Stories (Total): 6
Year Built Source: Public Records
Year Built Details: Approximate
Color: Grey
Property Information
PropertySubType: 4 Family
Lot Information
Lot Size (Acres): 0.07
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $12,152
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range, for Gas Dryer
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Has Cooling
Heating: Natural Gas
Heating Units: 0
Cooling: Wall Unit(s)
Cooling Units: 0
Location
Location Information
Directions: GPS
UnparsedAddress: 335-337 Spruce St, Chelsea MA 02150
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station
Public facts
Beds: 9
Baths: 4.0
Sq. Ft.: 3,234
Stories: 2.0
Lot Size: 3,049 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Suffolk County
APN: 1288597
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 0
Listing Information
Exclusions: Tenant's Personal Items
StandardStatus: Closed
Around this home
Schools
Clark Avenue School
Public 5-8 • Assigned • 0.2mi
3/10
Chelsea High School
Public 9-12 • Assigned • 0.4mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% 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
6/10 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
83
68
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.