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4 Warren Ave, Chelsea MA 02150

Chelsea, MA 02150 • Prattville
$1,395,000
Est. $8,494/month
12
Beds
6
Baths
3,712
Sq Ft
$376
Price/Sq Ft
0.17
Acres
1900
Year Built
5-9 Family
Type
199
Days on Market
Pending Price Drop -$255,000 Listed Jun 12, 2025 • MLS# 73389751 Copied!

About this home

Exceptional 6-unit investment opportunity in Chelsea’s desirable Prattville neighborhood, just minutes to the Tobin Bridge and Revere Beach Parkway. This well-maintained multi-family features (2) lower-level units with full-height ceilings and two egresses, (2) first-floor units, and (2) second-floor units. Four of the six units have been updated with modern kitchens and baths. Each apartment has separate utilities and its own rear balcony. The building includes gas heating systems (approx. 10 years old), a fire panel, common electric meter, and off-street parking for 6 cars. Roof replaced 8 years ago; siding is 15 years old. Strong current cash flow with 6–7% CAP rate and upside potential through future rent increases. Ideal for investors looking to grow or stabilize their portfolio in a prime commuter location close to Boston.

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
6
Living Area
3,712 sq ft
Total Rooms
15
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1900
Living Area 3,712 sq ft
Lot Size 0.17 acres
Bedrooms 12
Full Baths 6
Total Rooms 15

Interior

Heating Natural Gas
Cooling None
Flooring None
Appliances Washer, Dryer
Fireplace None
Basement Full, Finished
Laundry None
Features Laundry Room, Mudroom

Exterior

Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $14,880
Assessed Value $1,292,800

Interior Features

Flooring:
Appliances: Washer, Dryer
Interior Features: Laundry Room, Mudroom
Windows:
Basement: Full, Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Block, Brick/Mortar
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

Prattville

4 Warren Ave, Chelsea MA 02150

Chelsea, MA 02150

Walkability

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Nearby Schools

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
0.6 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.6 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.8 mi | #287 of 824 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
455 students Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
0.8 mi | #406 of 824 | Score: 47.6
Improved 100 spots from last year
-10.6 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
0.8 mi | #663 of 824 | Score: 37.9
Improved 46 spots from last year
-20.4 below state avg
472 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
0.8 mi | #642 of 824 | Score: 38.6
Improved 188 spots from last year
-19.6 below state avg
527 students Less Diverse
Rising School
Grades 01-04
Shurtleff Early Childhood School
0.9 mi
779 students Less Diverse
Grades PK-01
M

Middle Schools

3 schools
D
Clark Avenue School
0.5 mi | #329 of 352 | Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.6 mi | #290 of 352 | Score: 32.4
Improved 56 spots from last year
-25.8 below state avg
487 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.6 mi | #9 of 16 | Score: 29.9
Improved 348 spots from last year
-28.3 below state avg
436 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
0.3 mi | #294 of 346 | Score: 59.3
Same rank as last year
132 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.3 mi | #283 of 346 | Score: 42.9
Improved 25 spots from last year
-15.3 below state avg
1,649 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,240
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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Current Rate
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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.

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jun 12, 2025
$1,395,000
Original listing
Agent: Peter Giannikopoulos Office: Coldwell Banker Realty - Boston
🏠
Listed for Sale
Jun 12, 2025
$1,395,000
Original listing
Agent: Peter Giannikopoulos Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Jun 12, 2025 New Listing Added $1,395,000 —
Jun 12, 2025 New Listing Added $1,395,000 —

Market Statistics

Days on Market
199 days
Price per Sq Ft
$376
Total Price Drop
-$255,000

Tax History

Year Taxes Assessment
2025 $14,880 $1,292,800

Financial Details

Annual Property Tax
$14,880
Tax Year 2025
Assessed Value
$1,292,800

Listing Information

Listing Agent Peter Giannikopoulos
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID CN220436
Office MLS ID AN6192

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Market Analytics for Chelsea, MA

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