45 Addison, Chelsea MA 02150 - Preview 1 45 Addison, Chelsea MA 02150 - Preview 2

45 Addison, Chelsea MA 02150

Chelsea, MA 02150
$1,050,000
Est. $6,334/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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8
Beds
3
Baths
3,103
Sq Ft
$338
Price/Sq Ft
0.09
Acres
1900
Year Built
6
Parking
3 Family - 3 Units Up/Down
Type
New today
Time on Market
For Sale Listed Oct 17, 2026 • MLS# 73592192 Copied! • Updated Oct 17, 2026

Track this home for price, status, and open-house alerts.

About this home

Fantastic Investment Opportunity! Well-maintained three-family property nestled in a quiet, friendly neighborhood within walking distance to local schools. Featuring spacious 3-3-2 bedroom units, generously sized bathrooms, updated kitchens, and gleaming hardwood floors throughout. Situated on an oversized, double lot, the property offers off-street parking for up to 14 vehicles. Additional potential for a fourth unit or studio in the basement (buyer to verify permits and feasibility). Strong rental history with long-term tenants of over 5 years and an excellent record of on-time rent payments. A must-see opportunity for investors or owner-occupants looking to maximize rental income!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 18, 2026
$1,050,000
Original listing

Tax History

Year Taxes Assessment
2026 $9,893 $850,500

Financial Details

Annual Property Tax
$9,893
Tax Year 2026
Assessed Value
$850,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,103 sq ft
Lot Size 0.09 acres
Stories 3
Bedrooms 8
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,325/mo · N
Unit 2 Rent $2,400/mo · N
Unit 3 Rent $2,200/mo
Total Monthly Rent $6,925/mo
Gross Income $86,100
Net Operating Income $83,100
Cap Rate 7.91%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed
Features Paved Drive, Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $9,893
Assessed Value $850,500
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Listing Agent Has Ownership Interest In The Property
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Appraiser
Documents None
County Suffolk

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
3
Living Area
3,103 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Interior Entry
Laundry:
Security:

Construction & Materials

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

Utilities & Systems

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off 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
0.3 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.6 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.6 mi
769 students Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
0.8 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
0.8 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
0.8 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
0.8 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
M

Middle Schools

3 schools
D
Clark Avenue School
0.2 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
0.3 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
0.3 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
1.0 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
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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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 $824
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.

Location

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Neighborhood

45 Addison, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Erik Pali
Listing Office Erik Pali
Office Phone 617-686-5196
Agent MLS ID CN230089
Office MLS ID AN7467
Listing Data Updated Oct 17, 2026 10:08 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

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BMN Boston Real Estate
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(617) 955-2224 contact@bmnboston.com
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