424 Crescent Ave

    Chelsea, MA 02150
    • $599,000
    • STATUS: Active
    • MLS #: 72461443
    $599,000
    • 6
      BEDS
    • 0.06
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,956
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Daniel Groob of Prime Property Group.

    Description

    Contractors special! Right across the street from massive 900 unit proposed Forbes Street development project! Best deal on a 3 fam in all of Chelsea-- Just needs a little sweat equity! Large 3 family home full of potential, steps from Chelsea River and Broadway. Many brand new commercial developments in the area, tremendous opportunity to build a real estate portfolio with an easily rentable investment property upon completion. This property was recently gutted to the studs. Rooms have been framed, rough plumbing and electrical in place, plans available. In need of finish work-- Hang the drywall, place flooring, install kitchen and bathroom fixtures, then sit back and collect rent! House features 5 year old roof, separate utilities, and a garage for 1-2 cars. Possibility exists to tear down garage and have SIX parking spots! Huge value add. Great investment opportunity for a handy person just minutes from Rt 1, 1A, I-93, and Mass Pike!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-04-19T23:47:23.207.
    www.applecountryteam.com/homes/92420188

    424 Crescent Ave Chelsea, MA 02150

    • Price: $599,000
    • Status: Active
    • MLS #: 72461443
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,956
    SQFT
    $306
    $/SQFT
    1910
    Built
    Neighborhood:
    Other
    County:
    Suffolk
    Area:
    Other
    Property Description
    Contractors special! Right across the street from massive 900 unit proposed Forbes Street development project! Best deal on a 3 fam in all of Chelsea-- Just needs a little sweat equity! Large 3 family home full of potential, steps from Chelsea River and Broadway. Many brand new commercial developments in the area, tremendous opportunity to build a real estate portfolio with an easily rentable investment property upon completion. This property was recently gutted to the studs. Rooms have been framed, rough plumbing and electrical in place, plans available. In need of finish work-- Hang the drywall, place flooring, install kitchen and bathroom fixtures, then sit back and collect rent! House features 5 year old roof, separate utilities, and a garage for 1-2 cars. Possibility exists to tear down garage and have SIX parking spots! Huge value add. Great investment opportunity for a handy person just minutes from Rt 1, 1A, I-93, and Mass Pike!
    Exterior Features

    Beach Miles To 1 To 2 Mile Beachfront Yes Foundation Poured Concrete Garage Spaces 2 Lot Description Level Parking Features Off-Street Parking Spaces 6 Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Interior AccessUnfinished Basement Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 12 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4

    Property Features

    Apod Available No Assessments 361500.00 Disclosure No Disclosures Rent Roll Est. Upon Completion. Property Offered As is. Buyer To Perform Their Own Due Diligence. All information Contained is Best Available And is Subject To Buyer's Verification. Gross Operating Income 74400 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lender Owned No Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 74400 Rent Unit1 2300 Rent Unit2 1950 Rent Unit3 1950 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2018 Taxes 5097.15 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Res

    Listing information © 2019 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Daniel Groob of Prime Property Group.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2019-04-19T23:47:23.207.
     
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    Listing courtesy of Daniel Groob of Prime Property Group.