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INVESTMENT SNAPSHOT
About this property
Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.
Property details
| Units | 3 |
| Living area | 3,924 sqft |
| Lot size | 3,325 sqft |
| Year built | 1920 |
| Price / sqft | $278 |
| County | Suffolk |
| MLS # | 73554885 |
Listing status
| Days on market | 4 days |
| Listed on | July 24, 2026 |
Taxes & financials
| Annual property tax | $11,165 |
| Tax year | 2026 |
| Assessed value | $972,600 |
| Zoning | R3 |
| Gross income (actual) | $76,800/yr |
| Net operating income (actual) | $76,800/yr |
| Total actual rent | $6,400/mo |
Building & lot
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | On Street |
| Basement | Full |
| Foundation | Concrete Perimeter, Stone, Other |
| Roof | Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Chelsea →
Listing courtesy of a MLS PIN member office. 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 148 Congress Ave, Chelsea MA 02150 have?
It is a 3-unit multi-family property with 3,924 sqft of living area, built in 1920.
How long has 148 Congress Ave, Chelsea MA 02150 been on the market?
148 Congress Ave, Chelsea MA 02150 has been listed for 4 days (since July 24, 2026).
What is the price per unit?
At a list price of $1,090,000 across 3 units, that works out to roughly $363,333 per unit.
What are the property taxes on 148 Congress Ave, Chelsea MA 02150?
Annual property taxes are $11,165 (2026), on an assessed value of $972,600.
What is the price per square foot?
At $1,090,000 for 3,924 sqft, that's about $278 per square foot.
Where is this property located?
148 Congress Ave, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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