Active
44 Days on market
220 Spencer Ave #104 Chelsea — Photo 1 of 34

220 Spencer Ave #104 Chelsea — Photo 1 of 34

$469,900

Investment Analysis — 220 Spencer Ave #104

Chelsea, MA 02150

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 3.18% cap rate and $14,945/yr in estimated NOI at the $469,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

966

Style

Condominium

Built

1900

Welcome to Keen Lofts, a stunning conversion of Chelsea’s historic Tudor Schoolhouse, where timeless architecture meets modern living. This unique first floor SMART HOME residence offers an open concept layout filled with character, featuring soaring ceilings, oversized windows, exposed architectural details, and abundant natural light throughout. The spacious floor plan provides flexible living and entertaining space, while the well appointed kitchen offers ample cabinetry and functionality. Extensive storage space above the bedrooms is a great feature that adds both versatility & value. Enjoy the perfect blend of historic charm and contemporary convenience with central air, elevator access, laundry facilities, and deeded parking in a professionally managed building. Ideally located just minutes from Boston, Logan Airport, major highways, shopping, dining, and public transportation. A rare opportunity to own a distinctive home in one of Chelsea’s most sought after landmark buildings.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$469,900
Annual Taxes$4,241
HOA Fee$399.97

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringWood, Tile
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofShingle
Foundation--
Zoning1021

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomDining RoomKitchenMaster BedroomBedroom 2
Unknown
Bathroom 1
Living Room
Lvl First

14.5 x 17.5

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

8.166666666 x 17.5

Flooring - Hardwood, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

13.833333333 x 9.833333333

Flooring - Hardwood, Kitchen Island

Master Bedroom
Lvl First

9.5 x 11.916666666

Flooring - Hardwood

Bedroom 2
Lvl First

9.5 x 8

Bathroom 1
Lvl null

6.083333333 x 9.5

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile

Property History

Listed
$2,300

Aug 31, 2026

MLS® 73570041

Listed
$469,900

Jul 30, 2026

MLS® 73557061

Listing Provided By

Listing Agent: Irma Fountain

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73557061