Fully gut-renovated, condo-quality three-family property conveniently located just off Route 1, offering easy access to the Tobin Bridge and Downtown Boston.UNIT LAYOUTS: The property features two spacious three-bedroom residences, each with additional space suitable for a home office or potential fourth bedroom. The first-floor residence offers two bedrooms plus a dedicated home office. The top-floor three-bedroom unit has been intentionally vacated, providing an excellent opportunity for owner-occupancy or additional rental income.Each residence features luxury vinyl plank flooring, granite countertops, stainless steel Amana appliances, gas ranges, dishwashers, and updated bathrooms with quality fixtures and tile flooring.Major improvements include a new roof, windows, electrical systems, and Navien tankless heating and hot water systems. Additional amenities include coin-operated laundry and individual basement storage.A turnkey investment opportunity offering modern finishes, extensive capital improvements, and owner-occupancy flexibility.
| Units | 3 |
| Living area | 3,735 sqft |
| Lot size | 1,428 sqft |
| Year built | 1900 |
| Price / sqft | $301 |
| County | Suffolk |
| MLS # | 73594726 |
| Days on market | 0 days |
| Listed on | October 24, 2026 |
| Annual property tax | $11,935 |
| Tax year | 2026 |
| Assessed value | $1,039,600 |
| Zoning | R3 |
| Gross income (actual) | $120,000/yr |
| Net operating income (actual) | $99,250/yr |
| Total actual rent | $10,000/mo |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.03 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full |
| Foundation | Stone |
| Roof | Rubber |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 3,735 sqft of living area, built in 1900.
148 Walnut St, Chelsea MA 02150 has been listed for 0 days (since October 24, 2026).
At a list price of $1,125,000 across 3 units, that works out to roughly $375,000 per unit.
Annual property taxes are $11,935 (2026), on an assessed value of $1,039,600.
At $1,125,000 for 3,735 sqft, that's about $301 per square foot.
148 Walnut St, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.