Active
93 Days on market
91 Chelsea St Everett — Photo 1 of 5

91 Chelsea St Everett — Photo 1 of 5

Recent Drop: $350,000

$3,850,000
$3,500,000

$3,500,000

Investment Analysis — 91 Chelsea St

Everett, MA 02149

Based on rent reported on the MLS listing, a 12-unit multi-family in 02149 carries $25,850/mo in gross rent — about a 6.08% cap rate and $212,945/yr in estimated NOI at the $3,500,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

12

Baths

9

SqFt

7,629

Style

5+ Family - 5+ Units Up/Down

Built

1940

91 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 12-unit multifamily property consists of a mix of 1, 2, and 3 bed 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, 91 Chelsea Street delivers stability, growth potential, and solid returns. Can be sold as a package with 81 Chelsea St right next door - MLS #73505688.

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 MLS and other third-party data may be inaccurate or out of date.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$3,850,000
Annual Taxes$22,807

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms30
FireplacesNone
FlooringVinyl
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle, Rubber
FoundationBlock, Stone
ZoningBD

Property & Lot

Acres0.18
SqFt Lot7,910
Lot FeaturesCorner Lot

Geography

Property History

Price Drop
$3,500,000

Was $3,850,000

Aug 26, 2026

MLS® 73535690

Listed
$3,850,000

Jun 12, 2026

MLS® 73535690

Listing Provided By

Listing Agent: Saad Munir

Listing Office: Torii, Inc.

MLS® Number: 73535690