24 Chelmsford St, Chelmsford MA 01824

Chelmsford, MA 01824
$1,200,000
Est. $7,022/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7
Beds
5
Baths
3,760
Sq Ft
$319
Price/Sq Ft
0.24
Acres
1890
Year Built
11
Parking
New today
Time on Market
For Sale Listed Oct 14, 2026 • MLS# 73590882 Copied! • Updated Oct 14, 2026

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About this home

Rare opportunity in the heart of Chelmsford Center! Set directly along the Bruce Freeman Rail Trail, this distinctive, well-maintained four-unit multifamily blends timeless character with thoughtful updates in a location close to restaurants, shops, public transportation, and everyday conveniences. Featuring a studio, a one-bedroom apartment, and two spacious two-bedroom apartments, all currently tenant-occupied, the property offers an appealing mix of residential layouts complemented by additional office space. Stainless steel appliances and tile backsplashes enhance the kitchens in Units 1- 3, while heated bathroom floors in Units 2 and 3 add a welcome touch of comfort. Unit 2 also features a primary bathroom with a shower. A full basement provides valuable storage, and ample off-street parking adds to the property's everyday convenience. Recent improvements include a new driveway and hardscaping in 2023, a new side porch in 2026, replacement basement drainage pipes in 2022, and a new steam boiler for Unit 4 in 2025. Each residential unit is separately metered for electric and gas. The owner pays water/sewer, hot water, and basement/common-area electric, which is served by a separate owner-paid panel. A separate owner-paid gas meter supplies the on-demand water heaters serving all four units. With established occupancy, appealing interior features, and a central location that connects residents to both downtown amenities and miles of walking and biking trails, this property presents a compelling investment opportunity. Additional office space, generous parking, and convenient access to major routes further enhance its versatility and appeal. Make your next investment a property that brings together character, convenience, and opportunity in the heart of Chelmsford Center.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 14, 2026
$1,200,000
Original listing
Agent: Christian Doherty Office: Doherty Properties

Tax History

Year Taxes Assessment
2026 $9,050 $682,000

Financial Details

Annual Property Tax
$9,050
Tax Year 2026
Assessed Value
$682,000

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1890
Living Area 3,760 sq ft
Lot Size 0.24 acres
Stories 4
Bedrooms 7
Full Baths 5
Total Rooms 15

Investment Metrics

Units 4
Unit 1 Rent $1,650/mo · N
Unit 2 Rent $2,800/mo · Y
Unit 3 Rent $2,300/mo · Y
Unit 4 Rent $2,100/mo · Y
Total Monthly Rent $8,850/mo
Gross Income $106,200
Net Operating Income $94,324
Operating Expenses $11,876
Water/Sewer Expense $2,678
Electric Expense $1,720
Insurance Expense $5,291
Cap Rate 7.86%
Heating Electric, Ductless, Steam, Natural Gas, Unit Control
Cooling Ductless, None
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement Full
Laundry None
Features Mudroom, Ceiling Fan(s), Stone/granite/solid Counters, Bathroom With Tub & Shower, Bathroom With Shower Stall, Kitchen, Living Room
Construction Frame
Architecture None
Roof Slate, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Guest
Total Spaces 11
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,050
Assessed Value $682,000
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Leases: Unit 1 Month-to-month; Unit 2 Leased Through 6/30/2028; Unit 3 Leased Through 8/31/2027; Unit 4 Leased Through 12/31/2026.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures To verify measurements. Seller and Listing Agent did not measure.
Documents None
County Middlesex

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
7
Full Bathrooms
5
Living Area
3,760 sq ft
Total Rooms
15
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer/Dryer
Interior Features: Mudroom, Ceiling Fan(s), Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Living Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Slate, Rubber
Foundation: Stone
Stories: 4

Utilities & Systems

Heating: Electric, Ductless, Steam, Natural Gas, Unit Control
Cooling: Ductless, None
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 11
Parking Features: Paved Drive, Off Street, Guest

Nearby Schools

School information not available for this location.

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $754
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

24 Chelmsford St, Chelmsford MA 01824

Chelmsford, MA 01824

Listing Information

Listing Agent Christian Doherty
Listing Office Doherty Properties
Office Phone 978-746-0124
Agent MLS ID CT003020
Office MLS ID AC0904
Listing Data Updated Oct 14, 2026 6:03 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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