Price cut
$850,000
8 bd · 3 ba · 3,153 sqft · 1,956 sqft lot
31 Library St, Chelsea, MA 02150
Multi-family · Built 1930 · $270/sqft ·
$5,141/mo est. payment
- Stories
- 3
Flood factor 1/10
About this home
Unbelievable investment opportunity less than three miles from beautiful downtown Boston! Located in the heart of Chelsea and just 2.25 miles over the historic Tobin from downtown!! This turnkey, rock-solid 3-family home is the perfect addition to your portfolio or could be an ideal owner-occupant setup. Finding a classic multi-family property in this location at this price point so close to the city is truly unheard of! The property features a highly rental-friendly layout: a spacious 2-bedroom unit on the 1st floor, and massive 3-bedroom units on both the 2nd and 3rd floors. Upgrades include a modern updated 3rd-floor unit that can be delivered vacant, perfect for an owner-occupant looking to live for next to nothing or a landlord ready to set market rent immediately!! All units feature strong rental history with current tenants on flexible month-to-month agreements. The property boasts well-maintained, good systems throughout, offering true peace of mind for the next savvy buyer. Don't miss your chance to own a classic Chelsea cash-flowing 3-decker under $850k with unbeatable proximity to Boston. Won't last!!!
Facts and features
Bedrooms
- Bedrooms: 8
Other Rooms
- Total Rooms: 14
- Basement Features: Full, Walk-Out Access, Interior Entry, Unfinished
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Interior Features
- Flooring: Tile, Vinyl, Laminate, Hardwood
Exterior and Lot Features
- Fencing: Fenced/Enclosed
- Patio And Porch Features: Porch, Enclosed
- Road Frontage Type: Public
- Porch: Yes
Land Info
- Lot Description: Cleared, Level
- Lot Size Acres: 0.0449036
- Lot Size Square Feet: 1956
School Information
- Elementary School: Per Board Of Ed
- High School: Per Board Of Ed
- Middle School: Per Board Of Ed
Multi-Unit Info
- Number of Units: 3
Schools
- 2
Chelsea High School
high · 9-12 · 0.6 mi
St Rose School
elementary · K-8 · 0.1 mi
- 3
Clark Avenue School
elementary · 5-8 · 0.2 mi
- 4
Eugene Wright Science And Technology Academy
elementary · 5-8 · 0.3 mi
- 4
Joseph A. Browne School
elementary · 5-8 · 0.3 mi
Chelsea - Chelsea Virtual Learning Academy
middle · 8-12 · 0.6 mi
Price history
- Oct 26, 2026 · Listed$850,000
- Aug 4, 2025 · Listing Removed$299,000
- Nov 16, 2020 · Relisted$779,000
- Oct 6, 2020 · Listing Removed$779,000
- Sep 14, 2020 · Price Changed$779,000
- Sep 7, 2020 · Listed$799,000
- May 4, 2012 · Sold$300,000
- Jan 31, 2012 · Listed$325,000
Tax history
- 2026$9,850 tax · $858,000 assessed
- 2024$9,394 tax · $789,400 assessed
- 2023$9,016 tax · $728,300 assessed
- 2022$9,148 tax · $690,400 assessed
- 2021$7,800 tax · $572,700 assessed
- 2020$7,247 tax · $541,200 assessed
- 2018$6,958 tax · $493,500 assessed
- 2017$6,652 tax · $463,900 assessed
Where it is
Listed by null Team Rovi · Real Broker MA, LLC · MLSPIN
