23-25 Division St, Chelsea, MA 02150

Local realty services provided by:ERA Cape Real Estate
23-25 Division St,Chelsea, MA 02150
$1,295,000
  • 8 Beds
  • 6 Baths
  • 3,435 sq. ft.
  • Multi-family
  • Active
Listed by:kelleher - pentore team
Office:horvath & tremblay
MLS#:73352092
Source:MLSPIN

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$377

About this home

23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.

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Home facts

  • Year built:1900
  • Listing ID #:73352092
  • Updated:September 21, 2025 at 10:32 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:4
  • Half bathrooms:2
  • Living area:3,435 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1900
  • Building area:3,435 sq. ft.
  • Lot area:0.05 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$377
  • Tax amount:$18,235 (2025)
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