25 Division St - Multi-Family FOR SALE


Chelsea, MA 02150- Belingham Square
$1,295,000 USD
781-776-4000
25 Division St, Chelsea, MA for Sale
$1,295,000 USD
Multi-Family - FOR SALE
1/9
null | 8.14% Cap Rate

25 Division St
Chelsea, MA 02150
Belingham Square


HIGHLIGHTS

  • Excellent Location
  • Commercial Lease
  • Separate Utilities
  • Brick Construction
  • Strong & Gentrifying Market
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the mixed-use investment property located at 9-11 Williams Street & 25 Division Street in Chelsea, Massachusetts (the “Property”). 9-11 Williams Street & 25 Division Street is a five (5) unit mixed-use building comprised of one (1) commercial unit on the first floor leased to El Carriel Bar, and four (4), 2-Bedroom/1-Bathroom units with 3,435 square feet of living area in 4,060 square feet of total gross area on a 0.05-acre corner parcel. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams and 23 Division only). The building has been well maintained during ownership.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$313 USD /SF

# OF UNITS

5

PRICE/UNIT

$259,000

CAP RATE

8.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

9-11 Williams St & 25 Division St

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1860

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

CHEL-000011-000000-000056

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.