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Est. Mortgage: $/month

Federal 30-year interest rate: 6.67% last updated on 2026-08-13

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218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150218-230 Broadway Chelsea MA 02150
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  • 18Bedrooms
  • 22Bathrooms
  • 9,999Square Feet
218-230 Broadway is a mixed use investment property consisting of a three story building containing a total of 22 units, including 4 retail units (all of which are leased) and 18 residential apartments made of 12 one bedroom/one bathroom units and 6 two bedroom/one bathroom units. The property is well located along Broadway, the area's primary commercial corridor in the heart of downtown Chelsea, a high density, urban infill city, just north of downtown Boston. All of the residential units were renovated in 2011. Several of the residential units offer upside bringing rents to market rates. Additionally, two of the retail units (218&224) offer upside by increasing below market rents to market rents upon lease renewal. Each retail unit is seperatley metered for electric, gas (heat/hot water) and water and sewer. The residential units are seperately metered for electricity, which tenants pay directly. The landlord pays for heat, hot water and water and sewer.
Listed by John Pentore of Horvath & Tremblay

Listing Sold by Madelyn Garcia Real Estate

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More Info

Basic Information

  • Gross Income $618,694
  • Mls StatusSold
  • Parcel Number M:019 P:097,1286162

Location

  • Address218-230 Broadway
  • Building Number218-230
  • CountySuffolk
  • StateMA
  • StreetBroadway
  • TownChelsea
  • Zip02150

Property

  • Acreage0.28

Exterior

  • RoofRubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $3,944,100
  • Tax Year 2022
  • Taxes$52,259

Rooms

  • Bathroom22
  • Bathrooms Total Decimal 22
  • Bedrooms18
  • Full Bath22

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationStone
  • Rooms36
  • Stories10
  • Units22
  • Year Built1920
  • Year Built Details Approximate
  • Year Built Source Appraiser

Other

  • Buyer Agency Compensation2.5
  • Date Listed08/10/2022
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces3

Basic Information

  • GO-List Price$6,900,000
  • MLS Number73023839
  • Modification Date12/08/2022
  • Property SubType5-9 Family
  • Purchase Contract Date10/24/2022
  • Sale Date12/07/2022
  • Sale Price$6,625,000

Interior

  • Interior Features Other (See Remarks)

Property Information

  • Building Area Source Public Records
  • Living Area 9,999
  • Lot Size Square Feet 12,377
  • Lot Size Units Acres
  • Square Feet9,999

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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