62 Chester Ave, Chelsea MA 02150
Chelsea, MA 02150
$235,000
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Sale Statistics
Sale Overview
Original List Price:
$279,000
Final Sale Price:
$235,000
Difference:
$44,000 (-15.8%)
Performance Metrics
84.2%
List to Sale Ratio
Sold below asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$143
Sale $/sq ft:
$121
This property sold for $121 per square foot
Sale Summary
This property sold for 15.8% below the original asking price.
The property spent 61 days on market before selling.
Nearby Sales Comparison
Based on 2 similar properties sold within 0.5 miles in the last 90 days
This Property
$121/sq ft
Area Median
$289/sq ft
Difference
58.2%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Investors and developers take notice! This is the opportunity you have been waiting for! This 2 family home is located minutes from City Hall, major bus routes, the commuter rail and features 10 rooms with 6 bedrooms, large living rooms and office areas. Renovate the kitchens and baths or leave as is and collect approximately $27,000 per year in gross rental income, rents are well below market rates! The property has updated electric, well maintained water heaters and forced hot air systems! All utilities are separate and the tenants pay! Exceptional price for an exceptional opportunity!
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Public Records & Permits
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Recently Sold Nearby
Price & Status History
Market Insights
64.4%
Price Range
63
Total Days on Market
Property Timeline
Current Active Listing - MLS #73594572
Full transaction history available when tracking began
Currently Listed
Oct 23, 2026
$659,962
MLS #73594572 - Active
Sold
Mar 3, 2015
$235,000
Property sold
Days on Market: 63
Listed for Sale
Jun 4, 2014
$249,000
Original listing
Agent: Nicholas Spagnola
Office: City Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/23/2026 | 🏡 Currently Listed | $659,962 | - | - | MLS #73594572 - Active |
| 03/03/2015 | ✓ Sold | $235,000 | - | - | Property sold |
| 06/04/2014 | 🏠 Listed for Sale | $249,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2014 | $2,775 | $186,500 |
Financial Details
Annual Property Tax
$2,775
Tax Year 2014
Assessed Value
$186,500
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1920
Living Area
1,948 sq ft
Lot Size
0.04 acres
Bedrooms
6
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,100/mo · N
Unit 2 Rent
$1,200/mo · N
Total Monthly Rent
$2,300/mo
Gross Income
$26,400
Net Operating Income
$26,400
Cap Rate
10.60%
Interior
Heating
None
Cooling
None
Flooring
Hardwood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
Living Room, Kitchen, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio
Parking
Features
Paved Drive, Common
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$2,775
Assessed Value
$186,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
63 days
Property Overview
Property Type
Multi Family
Listing Type
Sold
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Living Area
1,948 sq ft
Total Rooms
10
Stories
2
Levels
2
Floor Layout
Interior Features
Flooring:
Hardwood
Appliances:
Interior Features:
Living Room, Kitchen, Office/Den
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
2
Utilities & Systems
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Paved Drive, Common
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
Elementary Schools
7 schools
St. Rose Elementary School
0.2 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.8 mi
38 students
Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.2 mi
769 students
Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
0.9 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
0.9 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
0.9 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
0.9 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
Middle Schools
3 schools
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
D
Clark Avenue School
0.4 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
High Schools
3 schools
Seaport Academy School
0.9 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.8 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
0.8 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
62 Chester Ave, Chelsea MA 02150
Chelsea, MA 02150
Listing Information
Listing Office
City Realty Group
Office Phone
617-751-5119
Agent MLS ID
CN204129
Office MLS ID
NB1840
Listing Data Updated
Mar 4, 2015 10:52 AM EST
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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