31 Franklin Ave, Chelsea MA 02150

Chelsea, MA 02150
$714,900
6
Beds
2
Baths
2,486
Sq Ft
$288
Price/Sq Ft
0.09
Acres
1900
Year Built
45
Days on Market
Sold Listed Jul 12, 2019 • MLS# 72533739 Copied! • Updated Oct 1, 2019

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Sale Statistics

Sale Overview
Original List Price: $729,900
Final Sale Price: $714,900
Difference: $15,000 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
45
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $288
This property sold for $288 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

The property spent 45 days on market before selling.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$288/sq ft
Area Median
$315/sq ft
Difference
8.6%

This property sold near the area median for similar homes.

About this home

house was built in 1900/but it burned to the ground and was totally rebuild IN 2012 CENTRAL HEAT AND AC FOR BOTH UNITES ALL HARD WOOD FLOORS, IT IS FULL APPLIANCES AND ALL STAY(IN AS IS CONDITION), WILL BE DELIVERY VACANT FOR OWNER OCCUPIED OR ANY INVESTORS,NOTHING TO DO MAYBE PUT YOUR OWN COLOR?? IT IS BEAUTIFUL HOUSE, WE HAVE LEAD CERTIFICATE FOR BOTH UNITES,VERY HIGH CEILINGS ON BASEMENT POSSIBLE TO MAKE A 3 UNIT, BUYER OR BUYER'S AGENT TO CHECK WITH CITY, CURRENT OWNER GOT PERMITS ON PAST, ABOUT 5 YRS AGO BUT NEVER DONE THE WORK. SECURITY CAMERA SYSTEM ON BOTH UNITS................WE WILL WORK WITH ANY BUYER FHA, VA, MASS HOUSING YOU NAME IT! WE ARE WAITING FOR YOU call for group showing please.

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Recently Sold Nearby

Property History

Market Insights

19.7%
Price Range
48
Total Days on Market

Property Timeline

Current Active Listing - MLS #73570594
Full transaction history available when tracking began
🏡
Currently Listed
Sep 9, 2026
$889,900
MLS #73570594 - Active
Sold
Oct 1, 2019
$714,900
Property sold
Days on Market: 48
🏠
Listed for Sale
Jul 13, 2019
$714,900
Original listing
Agent: Lilian Regia Davis Office: Dell Realty Associates

Tax History

Year Taxes Assessment
2018 $5,570 $395,000

Financial Details

Annual Property Tax
$5,570
Tax Year 2018
Assessed Value
$395,000

Facts & Features

Central AC

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,486 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $2,600/mo · Y
Unit 2 Rent $2,600/mo · Y
Total Monthly Rent $5,200/mo
Gross Income $31,200
Net Operating Income $31,200
Cap Rate 4.36%
Heating Central, Natural Gas, Individual, Unit Control
Cooling Central Air, Unit Control, Individual
Flooring Wood, Concrete, Hardwood
Appliances Range, Dishwasher, Microwave, Washer, Dryer, Refrigerator
Fireplace None
Basement Full, Walk-out Access, Sump Pump, Unfinished
Laundry None
Features Pantry, Lead Certification Available, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $5,570
Assessed Value $395,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Seller Has Not Leave In The Property For Few Years No Disclosures Is Available
Exclusions Tenants Personal Belongs
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures all info is from public record house was burn to the ground and re build
Documents None
County Suffolk
Total market time (incl. prior listings) 48 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
2,486 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Concrete, Hardwood
Appliances: Range, Dishwasher, Microwave, Washer, Dryer, Refrigerator
Interior Features: Pantry, Lead Certification Available, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Mudroom
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Sump Pump, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas, Individual, Unit Control
Cooling: Central Air, Unit Control, Individual
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: On Street
School District
Chelsea School District local
C-
School Safety 2024-25
5.2% Above Average
2.9% Suspensions 1.7% In-School 2.3% Emergency
0.3% below state avg
E

Elementary Schools

7 schools
St. Rose Elementary School
0.4 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.4 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.7 mi | #287 of 825 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
428 students Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
0.7 mi | #409 of 825 | Score: 47.5
Improved 97 spots from last year
-10.7 below state avg
406 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
0.7 mi | #664 of 825 | Score: 37.7
Improved 45 spots from last year
-20.5 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
0.7 mi | #647 of 825 | Score: 38.4
Improved 183 spots from last year
-19.8 below state avg
471 students Less Diverse
Rising School
Grades 01-04
Shurtleff Early Childhood School
0.7 mi
769 students Less Diverse
Grades PK-01
M

Middle Schools

3 schools
D
Clark Avenue School
0.3 mi | #329 of 352 | Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.5 mi | #285 of 352 | Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.5 mi | #9 of 16 | Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
Seaport Academy School
1.1 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.4 mi | #294 of 346 | Score: 59.3
Same rank as last year
115 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.4 mi | #284 of 346 | Score: 43.0
Improved 24 spots from last year
-15.2 below state avg
1,532 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

31 Franklin Ave, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Lilian Regia Davis
Agent MLS ID K8001679
Office MLS ID AN3050
Listing Data Updated Oct 1, 2019 11:14 AM 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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