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INVESTMENT SNAPSHOT
About this property
Solid, well-maintained three-family investment opportunity! Perfect for investors or owner-occupants seeking a turnkey property with easy access to downtown Boston. Located in a quiet neighborhood, it's within walking distance of schools, shopping centers, a supermarket, bus routes 111, 116 & 117, the commuter rail, and other everyday amenities. The first-floor unit has been fully renovated, while the renovated third-floor unit offers beautiful city views. The property features separate utilities, a private driveway for two off-street parking spaces, and a roof and siding in good condition. Numerous updates include electrical improvements, renovated kitchens, and updated bathrooms. Well maintained with great tenants already in place, this is an excellent opportunity to own a quality income-producing property in a convenient location. One unit can be delivered vacant if needed.
Property details
| Units | 3 |
| Living area | 2,496 sqft |
| Lot size | 1,666 sqft |
| Year built | 1900 |
| Price / sqft | $360 |
| County | Suffolk |
| MLS # | 73541138 |
Listing status
| Days on market | 27 days |
| Listed on | June 24, 2026 |
Taxes & financials
| Annual property tax | $8,449 |
| Tax year | 2026 |
| Assessed value | $736,000 |
| Zoning | R2 |
| Gross income (actual) | $78,600/yr |
| Net operating income (actual) | $70,330/yr |
| Total actual rent | $6,650/mo |
| Electric expense | $150/yr |
| Insurance expense | $3,920/yr |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Basement | Full |
| Foundation | Concrete Perimeter |
Utilities & systems
| Heating | Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
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 39 Spencer Ave, Chelsea MA 02150 have?
It is a 3-unit multi-family property with 2,496 sqft of living area, built in 1900.
How long has 39 Spencer Ave, Chelsea MA 02150 been on the market?
39 Spencer Ave, Chelsea MA 02150 has been listed for 27 days (since June 24, 2026).
What is the price per unit?
At a list price of $899,000 across 3 units, that works out to roughly $299,667 per unit.
What are the property taxes on 39 Spencer Ave, Chelsea MA 02150?
Annual property taxes are $8,449 (2026), on an assessed value of $736,000.
What is the price per square foot?
At $899,000 for 2,496 sqft, that's about $360 per square foot.
Is there parking?
2 total parking spaces.
Where is this property located?
39 Spencer Ave, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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