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7 Carmel Street, Chelsea MA 02150

Chelsea, MA 02150
$1,100,000
Est. $6,800/month
7
Beds
3
Baths
3,276
Sq Ft
$336
Price/Sq Ft
0.06
Acres
1900
Year Built
5 hours 46 minutes
Time on Market
Active Listed May 5, 2026 • MLS# 73512707 Copied!

About this home

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.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,276 sq ft
Total Rooms
13
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,276 sq ft
Lot Size 0.06 acres
Bedrooms 7
Full Baths 3
Total Rooms 13

Interior

Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Paved Drive, Off Street, Tandem
Total Spaces 4

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $12,449
Assessed Value $1,081,600

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem

Location

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Neighborhood

7 Carmel Street, 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
0.4 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.6 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.7 mi
779 students Less Diverse
Grades PK-01
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
M

Middle Schools

3 schools
D
Clark Avenue School
0.3 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
0.5 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
0.5 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
1.0 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
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Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,037
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

42.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
May 5, 2026
$1,100,000
Original listing
Agent: Kovacs Savage Team Office: Byrnes Real Estate Group LLC
Previous Transaction - MLS #72213162
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 2, 2017
$628,000
MLS #72213162

Price & Status History

Date Event Price Change
May 5, 2026 New Listing Added $1,100,000
Nov 2, 2017 Sold $628,000

Market Statistics

Time on Market
5 hours 46 minutes
Price per Sq Ft
$336

Tax History

Year Taxes Assessment
2025 $12,449 $1,081,600

Financial Details

Annual Property Tax
$12,449
Tax Year 2025
Assessed Value
$1,081,600

Listing Information

Listing Agent Kovacs Savage Team
Listing Office Byrnes Real Estate Group LLC
Agent MLS ID TM359208
Office MLS ID AN8872
Listing Data Updated May 5, 2026 11:05 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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Market Analytics for Chelsea, MA

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