Exceptional Investment Opportunity in the Heart of Chelsea! Welcome to an outstanding multifamily investment opportunity ideally located in one of Greater Boston's most sought areas.This impressive three-family property offers approximately 4,185 square feet of living space and features three spacious residential units, providing investors with immediate income-producing potential and opportunities for future growth. With its classic architectural character, substantial layout, and desirable location, this property is perfectly suited for investors seeking to expand their portfolio or owner-occupants looking to live in one unit while generating rental income from the others. Each unit offers generous bedroom accommodations, functional living spaces, and the flexibility today's tenants desire. The property's full basement provides valuable additional storage and potential for future conversion as accessory dwelling unit, subject to applicable zoning and permitting requirements. Located in the vibrant city of Chelsea, this property benefits from convenient access to major highways, public transportation, Boston Logan International Airport, and downtown Boston. Chelsea continues to attract residents and investors due to its proximity to Boston, strong rental demand, diverse community, and ongoing revitalization.
| Units | 3 |
| Living area | 4,185 sqft |
| Lot size | 2,687 sqft |
| Year built | 1920 |
| Price / sqft | $310 |
| County | Suffolk |
| MLS # | 73578055 |
| Days on market | 0 days |
| Listed on | September 16, 2026 |
| Annual property tax | $10,795 |
| Tax year | 2026 |
| Assessed value | $940,300 |
| Zoning | R3 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 17 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive, On Street |
| Basement | Full, Partially Finished |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Stone |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Chelsea →
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 4,185 sqft of living area, built in 1920.
128 Shurtleff St, Chelsea MA 02150 has been listed for 0 days (since September 16, 2026).
At a list price of $1,299,000 across 3 units, that works out to roughly $433,000 per unit.
Annual property taxes are $10,795 (2026), on an assessed value of $940,300.
At $1,299,000 for 4,185 sqft, that's about $310 per square foot.
128 Shurtleff 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.