OFF MARKET

Off Market Jan 2024 for $762K

$907,285

Est. refi paymentEst. refi $887/mo

•

2,453

sq ft

48 Chestnut Ave, Chelsea, MA 02150

About this home

This great investment 2 family home with separate entrances for each unit is located just a short distance from Admiral Hill and the scenic waterfront area with stunning views of Boston.Unit 1 features a 2-bedroom/1 full bath and Unit 2 features 5 bedrooms and 2 full baths and Laundry in units. Enjoy modern windows, updated hardwood floors, kitchens, baths, and natural lighting living areas. Property has 2 parking spaces and an updated cozy, welcoming yard space for family gatherings and get togethers that add to the property's appeal.With plentiful ceiling heights, abundant natural light, and close proximity to parks, restaurants, supermarkets, public transportation, and major roadways. Close to the downtown-bound 111 bus stop ensures a convenient return from Boston, and it's just a 2-minute drive to Market Basket.Two blocks away, Broadway Street offers access to restaurants and a police station.As Chelsea continues to see a surge in value, this property is a great investment.

Multi-familyProperty Type

1900Year Built

1,514 sq ftLot Size

$370Est. Price/Sq.Ft.

2 spacesParking

Listed by Viva Real Estate Team • eXp Realty LLC

Bought with Mario Pleitez • United Brokers

Redfin checked: a minute ago

•Source:MLS PIN #73183114

Redfin Estimate

$907,285

$145K since sold in January 2024$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.9% lower than the average sale price ($996K) of 6 comparable homes.

SOLD SEP 4, 2026
$860,000
A
6 beds3 baths2,343 sq ft
86 Grove St, Chelsea, MA 02150
BOUGHT WITH REDFIN JUL 31, 2026
$900,000
B
6 beds3 baths2,738 sq ft
58 Union St, Everett, MA 02149
SOLD FEB 18, 2026
$1,300,000
C
6 beds3 baths2,333 sq ft
224 Chelsea St, East Boston, MA 02128
SOLD FEB 3, 2026
$980,000
D
8 beds3 baths2,464 sq ft
280 Lexington, East Boston, MA 02128
SOLD MAY 26, 2026
$1,075,000
E
9 beds3 baths3,045 sq ft
37 Maverick St, Chelsea, MA 02150
SOLD JUN 4, 2026
$860,000
F
3 beds3 baths2,103 sq ft
319 Spruce St, Chelsea, MA 02150

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Earn from this home

Sell

$282,320

Est. take-home

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Refinance

Est. cash available

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Market trends in 02150, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.4% MoM

Median sale price

$528K

$20K MoM

Avg. days on market

26d

1 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 1 HR AGO
$1,299,000
11 beds4.5 baths4,185 sq ft
128 Shurtleff St, Chelsea, MA 02150
OPEN SAT, 1PM TO 3PM
$499,000
2 beds2 baths1,090 sq ft
100 Boatswains Way #308, Chelsea, MA 02150
OPEN SAT, 12PM TO 1:30PM
$829,000
6 beds2 baths2,792 sq ft
55 Parker St, Chelsea, MA 02150
NEW 29 HRS AGO
$1,125,000
4 beds4 baths3,042 sq ft
168 Pearl St, Chelsea, MA 02150
$1,150,000
6 beds4.5 baths3,436 sq ft
18 Suffolk St, Chelsea, MA 02150
$1,850,000
9 beds5 baths4,357 sq ft
65 Woodlawn Ave, Chelsea, MA 02150
$389,000
2 beds1.5 baths960 sq ft
505 Washington #46, Chelsea, MA 02150
OPEN SAT, 12PM TO 1:30PM
$425,000
2 beds2 baths954 sq ft
35 Chestnut St #2, Chelsea, MA 02150
$359,000
1 bed1 bath690 sq ft
157 Winnisimmet St Unit 1D, Chelsea, MA 02150
$349,900
1 bed1 bath505 sq ft
208 Washington Ave #3, Chelsea, MA 02150
See all

Provided by Redfin

Sale history for 48 Chestnut Ave

Date

Event

Price

MLS PIN #73183114

Jan 10, 2024

Sold

$762,000

$311/sq ft

Dec 7, 2023

Contingent

—

Nov 28, 2023

Listed

$749,000

$305/sq ft

MLS PIN #72134751

May 30, 2017

Sold

$530,000

$216/sq ft

Mar 28, 2017

Pending

—

Mar 23, 2017

Listed

$520,000

$212/sq ft

+12

Now offering the perfect DE-LEADED 2-family for owner occupants and investors! A downtown Boston alternative, renovated in 2012, features 2 units and offers designer kitchens with granite counters and glass backsplashes! New high end baths! Gleaming Oak hardwood floors, large bedrooms and living rooms! Unit #2 is a 2 bed, was owner occupied, but could rent for $1700! Unit #1 features 5 beds on 2 levels of living! Unit is currently leased through 08/31/2017! Rent could be $3000! For investors seeking a stable income property, this 2-family has the potential to generate over $50,000 per year in gross rental income. Owner occupants, this is your opportunity to live for less than renting! Live in one unit & collect rent from the other! Minutes from Downtown Boston! Real estate agent is also partial owner.

MLS PIN #71709202

Sep 5, 2014

Sold

$450,000

$183/sq ft

Aug 12, 2014

Contingent

—

Jul 7, 2014

Listed

$459,000

$187/sq ft

+11

Now offering the perfect DE-LEADED 2-family for owner occupants and investors! This downtown Boston alternative was renovated just 2 years ago, features 2 units and offers BRAND NEW designer kitchens with granite counters and glass backsplashes! New high end baths! Gleaming Oak hardwood floors, large bedrooms and living rooms! Unit #1 is a 2 bedroom, currently rented for $1350! market rent is 1,475 for a renovated 2 bed with high end renovation! Unit #2 is a gem! This unit features 5 bedrooms on 2 levels of living! This unit can be delivered vacant or leased upon request! For investors who are seeking a stable income property, the suggested rent on Unit #2 is $2300 per month. This 2-family has the potential to generate approx $45,000 per year in gross rental income. For the owner occupants who have been dreaming of a renovated owners unit, this is your opportunity to live for less than renting! Live in one unit & collect rent from the other! Minutes from Downtown Boston!

MLS PIN #70142783

Oct 3, 2005

Sold

$355,000

$145/sq ft

Apr 28, 2005

Listing Removed

—

Feb 7, 2005

Listed

$389,900

$159/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$7,875

$114,100 + $522,000

$636,100

2022

$7,876 (+3.4%)

$108,700 + $485,700

$594,400

2021

$7,616 (+6.3%)

$103,500 + $455,700

$559,200

2020

$7,165 (+1.8%)

$98,600 + $436,500

$535,100

2019

$7,038 (+18.7%)

$98,600 + $395,300

$493,900

2018

$5,929 (+7.7%)

$98,600 + $321,900

$420,500

2017

$5,507 (+9.4%)

$98,600 + $285,400

$384,000

2016

$5,032 (+73.0%)

$98,600 + $254,500

$353,100

2015

$2,909 (+16.5%)

$85,700 + $116,300

$202,000

2014

$2,498 (+5.3%)

$74,500 + $93,400

$167,900

2013

$2,372 (+1.6%)

$74,500 + $93,400

$167,900

2012

$2,334 (+3.5%)

$83,000 + $86,000

$169,000

2011

$2,256 (+4.9%)

$86,500 + $88,100

$174,600

2010

$2,150 (−27.8%)

$86,500 + $91,300

$177,800

2009

$2,976

$147,300 + $128,300

$275,600

Tax history for 48 Chestnut Ave

Year

Property tax

Land + Additions

Assessment*

2023

$7,875

$114,100 + $522,000

$636,100

2022

$7,876 (+3.4%)

$108,700 + $485,700

$594,400

2021

$7,616 (+6.3%)

$103,500 + $455,700

$559,200

2020

$7,165 (+1.8%)

$98,600 + $436,500

$535,100

2019

$7,038 (+18.7%)

$98,600 + $395,300

$493,900

2018

$5,929 (+7.7%)

$98,600 + $321,900

$420,500

2017

$5,507 (+9.4%)

$98,600 + $285,400

$384,000

2016

$5,032 (+73.0%)

$98,600 + $254,500

$353,100

2015

$2,909 (+16.5%)

$85,700 + $116,300

$202,000

2014

$2,498 (+5.3%)

$74,500 + $93,400

$167,900

2013

$2,372 (+1.6%)

$74,500 + $93,400

$167,900

2012

$2,334 (+3.5%)

$83,000 + $86,000

$169,000

2011

$2,256 (+4.9%)

$86,500 + $88,100

$174,600

2010

$2,150 (−27.8%)

$86,500 + $91,300

$177,800

2009

$2,976

$147,300 + $128,300

$275,600

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1,307 Sq. Ft.

Year renovated

—

Sq. Ft.

1,779

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Suffolk County

APN

1285983

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 2
Parking Features: Paved Drive, Tandem

Interior

Bathroom Information
# of Bathrooms (Full): 3

Basement Information
Basement: Interior Entry, Concrete, Unfinished

Interior Features
# of Rooms (Total): 14
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Hardwood

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: Y

Exterior

Building Information
Building Area (Total): 2,453
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate

Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Porch

Property Information
PropertySubType: 2 Family - 2 Units Up/Down

Lot Information
Lot Size (Acres): 0.03
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $7,875
Tax Year: 2023

Utilities

Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service

Location

Location Information
Directions: Use GPS
UnparsedAddress: 48 Chestnut Ave, Chelsea MA 02150

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path

Public facts

Beds: 7
Baths: 3.0
Sq. Ft.: 1,779
Stories: 2.0
Lot Size: 1,307 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Suffolk County
APN: 1285983

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Shurtleff Early Childhood

Public PreK-1 • Assigned • 0.4mi

Eugene Wright Science And Technology Academy

Public 5-8 • Assigned • 0.4mi

4/10

Chelsea High School

Public 9-12 • Assigned • 0.7mi

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

6/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

6/10 Wind Factor

66% 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)

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

$862,000 – $1.04M

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Nearby similar homes

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New listings for sale in 02150

NEW 1 HR AGO

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128 Shurtleff St, Chelsea, MA 02150

OPEN SAT, 1PM TO 3PM

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OPEN SAT, 12PM TO 1:30PM

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Home values near 48 Chestnut Ave

Data from public records.

Address	Redfin Estimate
35 Chestnut Street Unit 1, Chelsea, MA 1 Beds \| 1 Baths \| 546 Sq. Ft.	$329,384
35 Chestnut Street Unit 4, Chelsea, MA 4 Beds \| 1 Baths \| 1000 Sq. Ft.	$371,655

Address	Redfin Estimate
35 Chestnut Street Unit 2, Chelsea, MA 2 Beds \| 2 Baths \| 954 Sq. Ft.	$423,906
50 Chestnut Street, Chelsea, MA 4 Beds \| 2 Baths \| 2424 Sq. Ft.	$684,759

Address	Redfin Estimate
35 Chestnut Street Unit 3, Chelsea, MA 3 Beds \| 2 Baths \| 1110 Sq. Ft.	$452,362
58 Chestnut Street, Chelsea, MA 5 Beds \| 2 Baths \| 1885 Sq. Ft.	$817,573

Property information provided by MLS PIN when last listed in 2023. This data may not match . Learn more.

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