238 Chelsea Street, Everett, MA 02149

Everett
Local realty services provided by:Metropolitan Homes
238 Chelsea Street,Everett, MA 02149
$6,100,000
  • 26 Beds
  • 26 Baths
  • 15,464 sq. ft.
  • Multi-family
  • Active
Listed by: tony pepdjonovic
Office: marcus & millichap real estate investment services
MLS#:73592372
Source:MLSPIN

Price summary

  • Price:$6,100,000
  • Price per sq. ft.:$394.46

About this home

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

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Home facts

  • Year built:1970
  • Listing ID #:73592372
  • Updated:October 27, 2026 at 12:53 PM

Rooms and interior

  • Bedrooms:26
  • Total bathrooms:26
  • Full bathrooms:26
  • Rooms Total:40
  • Flooring:Tile
  • Basement Description:Finished, Full
  • Living area:15,464 sq. ft.

Structure and exterior

  • Roof:Rubber
  • Year built:1970
  • Building area:15,464 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Brick
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,100,000
  • Price per sq. ft.:$394.46
  • Tax amount:$48,880 (2026)

Parking

  • Total parking spaces:15
  • Parking description:Driveway, Off Street
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Michael Albano

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