Description
LOCATION ! LOCATION ! LOCATION !!! PRIME REDEVELOPMENT OPPORTUNITY IN CHELSEA. MA. 56 MARLBOROUGH ST. AND 41 LIBRARY ST. MA. UNLOCK MAXIMUM RETURN ON INVESTMENT WITH THIS HIGHLY VERSATILE, DUAL-PARCEL ASSET LOCATED IN ONE OF GREATER BOSTON MOST RAPIDLY GROWING TRANSIT-ADJACENT MARKETS.UNMATCHED VALUE-POTENTIAL. EXCEPTIONAL CANDIDATE FOR A HIGH-DENSITY MULTIFAMILY OR CONDO CONVERSION PROJECT. PLUS A RARE OFF-STREET PARKING THAT INCLUDES 17 DEDICATED PARKING SPACES- A MASSIVE PREMIUM IN CHELSEA THAT SIGNIFICANTLY DRIVES RESALE VALUES AND RENTAL YIELDS. DUAL -DEED FLEXIBILITY: COMPRISES 2 SEPARATE DEEDS: TOGETHER WITH MLS: 73551740, OFFERING STRATEGIC DEVELOPMENT, FINANCING AND STRUCTURING FLEXIBILITY, EXCELLENT OPPORTUNITY FOR DEVELOPERS LOOKING TO BUILD IN PHASES OR SECURE INDEPENDENT PROJECT FINANCING. TRANSIT AND AIRPORT PROXIMITY: PRIME LOCATION JUST MINUTES FROM LOGAN INTERNATIONAL AIRPORT, DOWNTOWN BOSTON, MAJOR HIGHWAY ROUTES AND PUBLIC TRANSIT HUBS. STRATEGIC LOCATION ADVANTAGE: POSITIONED IN AN IN-DEMAND CORRIDOR BENEFITING FROM ONGOING NEIGHBORHOOD INVESTMENT, STRONG LOCAL RENTAL DEMAND AND RAPID CONNECTIVITY TO BOSTON ECONOMIC CORE. PARKING ADVANTAGE: PARKING IN CHELSEA COMMANDS A SIGNIFICANT DOLLAR PREMIUM PER SPACE FOR BOTH CONDOS AND RENTALS..
Details
| MLS # | 73551649 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 73 |
| Listing Provided By | Cameron Real Estate Group | Liliana Delgado |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,222 |
| Basement | Y |
| Zoning | R3 |
| Acreage | 0.13 |
Interior
| Rooms Total | 9 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Baseboard, Natural Gas |
| Appliances | Range, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Flooring | Wood, Tile |
Exterior
| Exterior Features | Deck, Deck - Wood |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Concrete Perimeter, Brick/Mortar |
| Fencing | Fenced/Enclosed |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street, Paved |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Gas Dryer, for Electric Dryer |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 5510 |
|---|---|
| Tax Assessed Value | 480000 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Chelsea |
| Zip Code | 02150 |
| Area | Suffolk |
| Listing VS Median (in 02150) | |
Price: $1,100,000 low | high Med: $3,000 sqft: 3,222 low | high Med: 1,050 $ / sqft: $341 low | high Med: $3 On site: 73 low | high Med: 12 | |
Market Activity 02150
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Chelsea |
| Zip Code | 02150 |
| Area | Suffolk |
| Listing VS Median (in 02150) | |
Price: $1,100,000 low | high Med: $3,000 sqft: 3,222 low | high Med: 1,050 $ / sqft: $341 low | high Med: $3 On site: 73 low | high Med: 12 | |
 | $859,00086 Grove StChelsea, MA 02150 |