Active
2 Days on market
15R & 15 Lambert Ave Chelsea — Photo 1 of 14
$499,900
15R & 15 Lambert Ave, Chelsea, MA 02150
Chelsea, MA 02150
Beds
3
Baths
1
SqFt
1,804
Style
Single Family
Built
1940
Opportunity awaits! This property is being sold in its current condition and presents an excellent renovation opportunity for buyers, investors, or anyone looking to bring their own vision to life. Conveniently situated in Chelsea with easy access to Boston, Logan International Airport, major roadways, public transportation, shopping, dining, and everyday conveniences. Excellent commuter location with easy access to the last exit before the Tobin Bridge. Nearby amenities include Market Basket and Chelsea Commons. With its generous lot, existing structure, and highly accessible location, this property offers great potential for those looking for their next project in the Greater Boston area. Bring your ideas and explore the possibilities! Schedule your visit now! Property is being sold in its current condition. Buyers and buyers’ agents are encouraged to perform their own due diligence.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$277/sqft
Local Avg (Chelsea)$379/sqft
27% BelowMarket Average
* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Chelsea, MA.
Property Details
Financials
Original Price$499,900
Annual Taxes$5,816
Parking
Garage0
Off-Street0
Interior Specifications
Total Rooms7
FireplacesNone
Flooring--
BasementUnfinished
Climate & Utilities
HeatingForced Air, Baseboard, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
RoofShingle
FoundationBrick/Mortar, Other
ZoningR1
Property & Lot
Acres0.24
SqFt Lot10,659
Lot FeaturesLevel
Amenities & Appliances
Gas Water Heater
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access
Geography
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)
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: 900 sq ft (the lesser of 900 sq ft or half the 1,804 sq ft principal dwelling). Lot size: 10,659 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.
Listing Provided By
Listing Agent: Viva Real Estate Team
Listing Office: eXp Realty LLC
MLS® Number: 73567941
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