Active
50 Days on market
148 Congress Ave Chelsea — Photo 1 of 10

148 Congress Ave Chelsea — Photo 1 of 10

Recent Drop: $105,000

$1,090,000
$985,000

$985,000

148 Congress Ave, Chelsea, MA 02150

Chelsea, MA 02150

Investor Analysis

Beds

11

Baths

3

SqFt

3,924

Style

3 Family

Built

1920

Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.

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Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$251/sqft
Local Avg (Chelsea)$366/sqft
31% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Chelsea, MA.

Property Details

Financials

Original Price$1,090,000
Annual Taxes$11,165

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms17
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter, Stone, Other
ZoningR3

Property & Lot

Acres0.08
SqFt Lot3,325
Lot FeaturesOther

Neighborhood

Public Transportation • Park • Laundromat • Highway Access • Public School

Geography

Property History

Price Drop
$985,000

Was $1,090,000

Aug 14, 2026

MLS® 73554885

Listed
$1,090,000

Jul 24, 2026

MLS® 73554885

Population

39,908

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$72K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

74.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Luis Tejada

Listing Office: Century 21 North East

MLS® Number: 73554885

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