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7 Carmel Street, Chelsea MA 02150 – 7 bed 3 bath For Sale – 73388231

$ 1,100,000
7 Carmel Street, Chelsea MA 02150,
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Overview

  • Updated On:
  • June 14, 2025
  • listingid
  • 73388231
  • 7 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 4 Non-Garage Parking Spaces
  • 1900
  • HOA Fee

Description

Welcome to 7 Carmel Street, a well-maintained and updated 3-unit multifamily in one of Chelsea’s most desirable and commuter-friendly neighborhoods. This solid investment property features all new mechanical systems along with updated kitchens and bathrooms, offering long-term reliability and immediate rental appeal. Each unit is thoughtfully maintained with functional layouts and quality finishes. The property includes off-street parking and a coin-operated laundry area in the basement—convenient for tenants and an additional source of income for the owner. With excellent long-term tenants already in place, this is a true turnkey opportunity for investors seeking strong cash flow and minimal maintenance. Located just minutes from downtown Boston and major transit routes, this property offers both convenience and lasting value in a competitive rental market. Don’t miss your chance to own a top-performing multifamily in a fast-growing market.

Property Details

Property Id: 2320339
Price: $ 1,100,000
Property Size: 3,276.00 ft2
Property Lot Size: 0.06 ft2
Rooms: 13
Bedrooms: 7
Bathrooms: 3
Full Bath: 3
Total Bathrooms: 3
Disclosures: N
Basement: Unfinished
Last Updated: June 14, 2025 at 07:08am
Building Area Source: Public Records
Building Area Total: 3276
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Laundromat,Highway Access,T-Station
Construction Materials: Frame
Directions: Between Bloomingdale and Washington
Electric: 100 Amp Service
Electric Expense: 300
Expiration Date: 1900-01-01
Financial Data Source: Projected
Flooring: Hardwood
Foundation Details: Stone,Brick/Mortar
Gross Income: 77700
Insurance Expense: 3000
Living Levels: 3
List Agent MlsId: TM359208
List Office MlsId: AN8872
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-06-10
Listing ID: 73388231
Lot Size: 0.06
Lot Size SqFt: 2700
Lot Size Units: Acres
Date Available: No
Bedroom 1: 3
Bedroom 2: 2
Bedroom 3: 2
Bath 1: 1
Bath 2: 1
Bath 3: 1
Hot Water: Natural Gas
Lead Paint: Unknown
Lease 1: Y
Lease 2: N
Lease 3: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Listing Alert: No
Price Per SqFt: 335.78
Days in Market: 4
Total Days on Market: 4
Open House: 1
Price Per SqFt: 335.78
Unit 1 Rent: 2600
Unit 2 Rent: 2000
Unit 3 Rent: 1875
Living Area Includes Basement: No
Team Member: CN232300
Water View: No
MLS Status: Active
Last Updated: June 14, 2025 at 07:05am
Net Operating Income: 72600
Number Of Units: 3
Operating Expense: 5100
Original List Date: June 10, 2025 at 11:51am
Original List Price: 1100000
Parcel Number: M:064 P:102,1289147
Parking Features: Paved Drive,Off Street,Tandem
Total Parking: 4
Patio And Porch Features: Deck
Road Type: Public
Roof: Shingle
Sewer: Public Sewer
State: MA
Status Change Time: June 10, 2025 at 11:51am
Total Stories: 3
Tax Annua lAmount: 12449
Tax Assessed Value: 1081600
Tax Year: 2025
Total Actual Rent: 6475
Utilities: for Gas Range
Water/Sewer Expense: 1800
Water Source: Public
Year Built: 1900
Year Built Details: Unknown/Mixed
Year Built Source: Public Records
Zoning: R3

Amenities and Features

Other Features
Open Parking

Property Address

Address: 7 Carmel Street, Chelsea MA 02150
City:
State/County:
Zip: 02150
Country: US
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Payment Calculator

$ 6,302.71
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,276.04
Closing Cost Calculator

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7 Carmel Street, Chelsea MA 02150 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

 

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Quick Property Details

  • Price: $ 1,100,000
  • Additional Price Info:
  • Total Rooms: 13
  • Bedrooms: 7
  • Bathrooms: 3
  • Lot Size: 0.06 ft2
  • Architectural Style:
  • Cooling:
  • Heating:
  • Basement: Unfinished
  • Fireplace Features: ; Total Fireplaces: 0
  • Construction Materials: Frame
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built: 1900
  • Number of Stories: 3
  • Parking: Paved Drive,Off Street,Tandem; Spaces: 4, Covered: 0, Garage: 0
  • HOA Fee: ()
  • Agent: 57
  • MLS Status: Active
  • Full Bathrooms: 3, Half Bathrooms: 0
  • Tax Annual Amount: 12449
  • Zoning: R3

Additional Property Details

  • Stories Total: 3
  • Structure Type:
  • Accessibility Features:
  • Association Amenities:
  • Foundation Details: Stone,Brick/Mortar
  • Roof: Shingle
  • Window Features:
  • Pool Features:
  • Spa Features:
  • Pets Allowed:
  • View:
  • Waterfront Features:
  • Lot Features:

Quick Stats

Size: 3,276.00 ft2 |
Original List Price: 1100000 |
Modified On: June 14, 2025 at 07:05am |
Property Condition:

View count: 3

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Steven Novak