Active
123 Days on market
15 Shurtleff Street Chelsea — Photo 1 of 9

15 Shurtleff Street Chelsea — Photo 1 of 9

Recent Drop: $100,000

$995,000
$895,000

$895,000

Investment Analysis — 15 Shurtleff Street

Chelsea, MA 02150

Based on rent reported on the MLS listing, a 3-unit multi-family in 02150 carries $7,000/mo in gross rent — about a 6.21% cap rate and $55,548/yr in estimated NOI at the $895,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

2,640

Style

3 Family

Built

1910

15 Shurtleff Street is a three family building adjacent to the sought after Admiral’s Hill Neighborhood of Chelsea, MA which is consistently one of the strongest rental markets in the entire Boston Metro. This property consists of (3) 2 Bedroom/1 Bathroom units and a driveway to park several cars. The building is currently 100% occupied. This commuter location provides easy access to Logan International Airport, Downtown Boston, Charlestown, Cambridge, Somerville and the Seaport. Located in one of the most walkable neighborhoods in Chelsea and close proximity to some of the top restaurants and bars.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$995,000
Annual Taxes$8,292

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms12
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
Zoning_

Property & Lot

Acres0.05
SqFt Lot2,178
Lot FeaturesOther

Geography

Property History

Price Drop
$895,000

Was $945,000

Sep 1, 2026

MLS® 73519638

Price Drop
$945,000

Was $995,000

Jun 16, 2026

MLS® 73519638

Listed
$995,000

May 14, 2026

MLS® 73519638

Listing Provided By

Listing Agent: Evan Griffith

Listing Office: Marcus & Millichap Real Estate Investment Services

MLS® Number: 73519638