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INVESTMENT SNAPSHOT
About this property
What an investment property!! This newer, enormous, two-family offers so much. Close to the commuter rail station, (Newburyport/Rockport Line) & the Silver Line w/4 stops going to Logan & South Station. Just a couple of blocks to the bus station at the corner of Washington & Chestnut. The Mystic Mall w/a mix of retailers & markets is less than a mile away. Very spacious rooms with high ceilings (the house feels much larger than public records). The 1st flr offers an oversized LR, combo dining area/Kitchen, pantry, 2 B/Rs & 2 full baths. The LL offers a spacious family room, office & tons of room for storage. The 2nd flr unit is 2 floors w/similar-sized rooms, living room, combo dining area/Kitchen, 4 bedrooms & 2 full baths. Gas heat (2001, 2016), 3 gas hot water tanks (2021, 2022, 2023), fenced-in backyard, on-street parking. Showings begin at the OH on 3/14.
Property details
| Units | 2 |
| Living area | 2,960 sqft |
| Lot size | 1,853 sqft |
| Year built | 2001 |
| Price / sqft | $338 |
| County | Suffolk |
| MLS # | 73486459 |
Listing status
| Days on market | 50 days |
| Listed on | March 13, 2026 |
Taxes & financials
| Annual property tax | $10,310 |
| Tax year | 2025 |
| Assessed value | $895,700 |
| Zoning | BR |
| Gross income (actual) | $6,000/yr |
| Net operating income (actual) | $72,000/yr |
| Total actual rent | $6,000/mo |
Building & lot
| Stories | 4 |
| Total rooms | 14 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Partially Finished, Walk-Out Access, Interior Entry |
| Foundation | Block |
| Flooring | Wood, Tile, Carpet, Stone/Ceramic Tile |
Utilities & systems
| Heating | Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
More about investing in Chelsea →
Listing courtesy of Coldwell Banker Realty - Andovers/Readings Regional — Deborah Heald. 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 74 Chestnut Street, Chelsea MA 02150 have?
It is a 2-unit multi-family property with 2,960 sqft of living area, built in 2001.
How long has 74 Chestnut Street, Chelsea MA 02150 been on the market?
74 Chestnut Street, Chelsea MA 02150 has been listed for 50 days (since March 13, 2026).
What is the estimated cap rate on this 2-family in Chelsea?
Based on area median rents, the estimated cap rate is about 3.6%, with a Signal Score of 67/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,000,000 across 2 units, that works out to roughly $500,000 per unit.
What are the property taxes on 74 Chestnut Street, Chelsea MA 02150?
Annual property taxes are $10,310 (2025), on an assessed value of $895,700.
What is the price per square foot?
At $1,000,000 for 2,960 sqft, that's about $338 per square foot.
Where is this property located?
74 Chestnut Street, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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