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INVESTMENT SNAPSHOT
About this property
81 Chelsea Street presents a compelling investment opportunity in the rapidly growing Everett market. This well-maintained 8-unit multifamily property consists entirely of spacious 1-bedroom, 1-bathroom units, offering a highly desirable and easy-to-manage unit mix. The building underwent a full renovation just a few years ago, featuring updated interiors, modern finishes, and improved systems that minimize near-term capital expenditures. Each unit is designed to attract and retain quality tenants, supporting strong and consistent rental income. Ideally located with convenient access to major routes, public transportation, and the ongoing development transforming Everett, this property is perfectly positioned for long-term appreciation. Whether you're expanding your portfolio or seeking a turnkey asset in a high-demand rental market, 81 Chelsea Street delivers stability, growth potential, and solid returns.
Property details
| Units | 8 |
| Living area | 4,800 sqft |
| Lot size | 5,000 sqft |
| Year built | 1925 |
| Price / sqft | $594 |
| County | Middlesex |
| MLS # | 73505688 |
Listing status
| Days on market | 4 days |
| Listed on | April 22, 2026 |
Taxes & financials
| Annual property tax | $13,824 |
| Tax year | 2025 |
| Assessed value | $1,213,700 |
| Zoning | BD |
| Gross income (actual) | $205,200/yr |
| Net operating income (actual) | $166,000/yr |
| Total actual rent | $17,100/mo |
| Insurance expense | $7,061/yr |
Building & lot
| Stories | 5 |
| Total rooms | 24 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Finished |
| Foundation | Brick/Mortar |
| Roof | Rubber, Other |
| Construction | Brick |
| Flooring | Vinyl, Laminate |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Everett →
Listing courtesy of ENRG Global Realty, LLC — Saad Munir. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 81 Chelsea St, Everett MA 02149 have?
It is a 8-unit multi-family property with 4,800 sqft of living area, built in 1925.
How long has 81 Chelsea St, Everett MA 02149 been on the market?
81 Chelsea St, Everett MA 02149 has been listed for 4 days (since April 22, 2026).
What is the estimated cap rate on this 8-family in Everett?
Based on area median rents, the estimated cap rate is about 5.3%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,850,000 across 8 units, that works out to roughly $356,250 per unit.
What are the property taxes on 81 Chelsea St, Everett MA 02149?
Annual property taxes are $13,824 (2025), on an assessed value of $1,213,700.
What is the price per square foot?
At $2,850,000 for 4,800 sqft, that's about $594 per square foot.
Where is this property located?
81 Chelsea St, Everett MA 02149 is in Everett, Middlesex County, MA 02149.
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