7-20 Hy-Sil Ave - Apartments FOR SALE


Chelsea, MA 02150- Prattville
$4,440,000 USD
203-414-9232
7-20 Hy-Sil Ave, Chelsea, MA for Sale
$4,440,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

7-20 Hy-Sil Ave
Chelsea, MA 02150
Prattville


HIGHLIGHTS

  • 16-Unit Apartment Building | Recent Capital Improvements
  • (9) One bedroom, (4) Two Bedroom & (3) Three Bedroom Units
  • Tenant Paid Utilities | Off-street Parking | Coin-op Laundry

OVERVIEW

Northeast Private Client Group is pleased to present The Hy-Sil Apartments, a 16-unit apartment complex located at 7 & 20 Hy-Sil Avenue in Chelsea, Massachusetts. The Hy-Sil Apartments are comprised of (9) one bedroom, (4) two bedroom and (3) three bedroom units. Tenants are responsible for their own electric which is the source of heat & hot water. There is ample off-street parking and on-site coinop laundry. The majority of units have been renovated, offering updated interiors that enhance rental upside and minimize near-term capital expenditure requirements. Located just minutes from Downtown Boston, the property offers exceptional connectivity to Route 1, public transportation, and close proximity to Revere Beach and Logan International Airport. The surrounding area continues to experience strong rental demand driven by its accessibility, relative affordability compared to core Boston neighborhoods, and ongoing regional growth. All interested and qualified parties will have the opportunity to walk the premise and obtain additional information upon request.

FOR SALE DETAILS

PRICE

$4,440,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

17

PRICE/UNIT

$261,176

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R1, Chelsea

APN/PARCEL ID

CHEL-000092-000000-000044,CHEL-000092-000000-000047

ASK ABOUT THIS PROPERTY

Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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Francis SaenzNortheast Private Client GroupMore Info
203-414-9232

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