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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

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

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Sold
148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150148 Park & Pearl Street Chelsea MA 02150
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  • 55Bedrooms
  • 30Bathrooms
  • 24,219Square Feet
The Park & Pearl Portfolio is comprised of 3 multi-family buildings and contains 30 residential units comprised of (4) 3-Bedroom/1-Bathroom units, (17) 2-Bedroom/1-Bathroom units, and (9) 1-Bedroom/1-Bathroom units. Since acquisition of the assets in 2017 & 2021, current ownership has completed numerous capital upgrades including a majority of units featuring new, Navien tankless systems for individual heat and hot water (gas) as well as some upgrades to the unit’s interiors. 148 Park Street/155 Pearl St contains (7) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. 156-160 Park Street contains (4) 3-Bedroom/1-Bathroom units, (4) 2-Bedroom/1-Bathroom units, and (1) 1-Bedroom/1-Bathroom unit. 161-165 Park Street contains (6) 2-Bedroom/1-Bathroom units and (3) 1-Bedroom/1-Bathroom units. Through programmatic renovations to the assets, the opportunity exists to substantially raise market rents in a high demand, up-and-coming rental sub-market.
Listed by John Pentore of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $686,390
  • Mls StatusSold
  • Rent Includes Unit 1(Water), Unit 2(Water)

Location

  • Address148 Park & Pearl Street
  • Building Number148
  • CountySuffolk
  • StateMA
  • StreetPark & Pearl Street
  • TownChelsea
  • Zip02150

Property

  • Acreage0.24

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
  • Other AmenitiesTennis

Tax Information

  • Tax Assessed Value $6,453,500
  • Tax Year 2024
  • Taxes$77,895

Rooms

  • Bathroom30
  • Bathrooms Total Decimal 30
  • Bedrooms55
  • Full Bath30

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms99
  • Stories3
  • Units30
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Other

  • Buyer Agency Compensation1.5
  • Date Listed08/22/2024
  • Farm Land Area Units Square Feet

Parking

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

Basic Information

  • GO-List Price$8,100,000
  • MLS Number73281006
  • Modification Date02/20/2025
  • Property SubType5+ Family - 5+ Units Side by Side
  • Purchase Contract Date10/15/2024
  • Sale Date02/20/2025
  • Sale Price$7,800,000

Exterior

  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 24,219
  • Lot Size Square Feet 10,454
  • Lot Size Units Acres
  • Square Feet24,219

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.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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