81 Chelsea St Everett — Photo 1 of 23
Recent Drop: $500,000
$2,350,000
Investment Analysis — 81 Chelsea St
Everett, MA 02149
Based on rent reported on the MLS listing, a 8-unit multi-family in 02149 carries $17,100/mo in gross rent — about a 6.05% cap rate and $142,128/yr in estimated NOI at the $2,350,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
8
SqFt
4,800
Style
5-9 Family
Built
1925
81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns. Detached garage on the property presents additional opportunity. Can be sold as a package with 91 Chelsea St right next door - MLS #73535690.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Highway Access • Public School • Sidewalks
Geography
Property History
$2,350,000
Was $2,850,000
Jun 12, 2026
MLS® 73505688
$2,850,000
Apr 22, 2026
MLS® 73505688
$660,000
Nov 15, 2021
MLS® 72875447
$729,000
Aug 3, 2021
MLS® 72875447
Listing Agent: Saad Munir
Listing Office: Torii, Inc.
MLS® Number: 73505688