27 days on rocket

23-25 Division St, Chelsea, MA, 02150

$1,350,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths, 2 Partial
4,060 SqFt
$333/SqFt
Multi
Schools Nearby

Location

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23-25 Division St, Chelsea$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1900
MLS #73220764
Lot Size0.05 Acres
StatusActive
(Price Changed)

About 23-25 Division St

TWO BUILDINGS FOR THE PRICE OF ONE! Seriously, if you are looking for a great investment with value add potential, this is it. 2 attached buildings on 2 separate parcels comprising 4 residential units + 1 commercial unit. 23 Division/9-11 Williams is a 2 story building w/a 2 bed/1 bath residential unit and a commercial space which is leased to a popular Tavern. 25 Division Street is a 3 story brick rowhouse containing (3) 2 bedroom apartments. All residential units are on fixed term leases, with most having renewed to 8/31/25! The Tavern is a long standing tenant with a lease to 2028. Anticipated income is $149K with net income of over $108K. The location is at the gateway from East Boston to Chelsea, and is prime for FUTURE DEVELOPMENT/expansion with POTENTIAL WATER VIEWS FROM THE PROPERTY. In a sea of overpriced listings, THIS IS A DEAL. Pro-forma Available.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 4,060 SqFt

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Listing Agent: The Residential Group

Interior Features

Interior Information:

  • Flooring Type: Hardwood
  • Interior: Kitchen, Living RM/Dining RM Combo

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.05 Acres

School Info

Assigned Schools Information:

  • Chelsea High School, Public District Grades 9-12
  • Joseph A. Browne School, Public District Grades 5-8
  • Eugene Wright Science and Technology Academy, Public District Grades 5-8
  • Clark Avenue School, Public District Grades 5-8
  • Frank M Sokolowski Elementary School, Public District Grades 1-4
  • William A Berkowitz Elementary School, Public District Grades 1-4
  • Edgar A Hooks Elementary School, Public District Grades 1-4

Other

Directions Information:

  • Directions: Corner of Williams Street and Division Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000
  • Price Per SqFt: $333/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.0
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Housing Market Comparison

See how this home compares to others in Chelsea, MA.

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Chelsea, MA

City

Med. Sold Price

$555K

Med. Price/SqFt

$378

Avg. Days On Market

32

# of Sold Homes

18

23-25 Division St vs Chelsea

27 DAYS ON ROCKET

-5 Days

$1,350,000

+$795K More

$333/SqFt

-$46 Less

KEY TAKEAWAY

This property is $795K more than the Median Sold Price and $46/SqFt less than other homes in Chelsea, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73220764

Listing Office:

  • Office Name: William Raveis R.E. & Home Services
  • Listing Agent: The Residential Group

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5129585
4
/10

  • Frank M Sokolowski Elementary School

  • 300 Crescent Ave

  • 1.31 miles

  • Public District Grades 1-4

school-card-donut-5129586
5
/10

  • William A Berkowitz Elementary School

  • 300 Crescent Ave

  • 1.31 miles

  • Public District Grades 1-4

school-card-donut-5129587
6
/10

  • Edgar A Hooks Elementary School

  • 300 Crescent Ave

  • 1.31 miles

  • Public District Grades 1-4

Middle School

school-card-donut-5129588
4
/10

  • Joseph A. Browne School

  • 180 Walnut St

  • 0.43 miles

  • Public District Grades 5-8

school-card-donut-5129589
4
/10

  • Eugene Wright Science and Technology Academy

  • 180 Walnut St

  • 0.43 miles

  • Public District Grades 5-8

school-card-donut-5129590
2
/10

  • Clark Avenue School

  • 8 Clark Ave

  • 0.72 miles

  • Public District Grades 5-8

High School

school-card-donut-5129591
3
/10

  • Chelsea High School

  • 299 Everett Ave

  • 0.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,063. Typical income of Chelsea, MA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Suffolk County›Chelsea›02150›23-25 Division St

This home is located at 23-25 Division St in Chelsea, MA and zip code 02150. This 4,060 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $1,350,000.

Over 6 listings were sold over their listed price in April 2024 in Chelsea, MA. In the same period over 7 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Chelsea, MA increased by 3.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $555,000, while the average time on the real estate market was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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