Active
10 Days on market
161 Shawmut St Chelsea — Photo 1 of 8

161 Shawmut St Chelsea — Photo 1 of 8

$535,000

Investment Analysis — 161 Shawmut St

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02150 carries an estimated $3,150/mo in gross rent — about a 4.47% cap rate and $23,931/yr in estimated NOI at the $535,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,296

Style

Single Family

Built

1920

Investor Opportunity in Chelsea! Bring your vision and transform this 3-bedroom single-family home into your next investment. Offering 1,296 sq. ft. of living space, hardwood floors, gas heat, a full basement, 2-car attached garage, and additional off-street parking.Conveniently located near Bellingham Square, the Silver Line, public transportation, shopping, and area amenities. The property needs work and is being sold AS IS, making it an excellent opportunity for investors, contractors, or buyers looking for their next renovation project. Furnace 2021 as per seller. Bring your ideas and see the potential this property has to offer!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 648 sq ft (the lesser of 900 sq ft or half the 1,296 sq ft principal dwelling). Lot size: 2,613 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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 MLS and other third-party data may be inaccurate or out of date.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$535,000
Annual Taxes$4,797

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood
BasementFull

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.06
SqFt Lot2,613
Lot FeaturesCleared

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl First

Flooring - Hardwood

Bedroom 2
Lvl First
Bedroom 3
Lvl First

Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Marisol Franco

Listing Office: Coldwell Banker Realty - Western MA

MLS® Number: 73571828