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INVESTMENT SNAPSHOT
About this property
Great opportunity in Chelsea! This two-family home at 79 grove street perfect for both investors and owner-occupants. a Great income potential home with 2 units, 3 bedrooms each in easy access area. Nicely maintained with gleaming wood floors and beautiful kitchen. Well laid out plan with separate utilities. An abundance of street parking, nearby public transportation, T station (Silver Line), shopping, churches, schools and parks makes this property an easy choice buyers!:
Property details
| Units | 2 |
| Living area | 2,688 sqft |
| Lot size | 3,013 sqft |
| Year built | 1900 |
| Price / sqft | $316 |
| County | Suffolk |
| MLS # | 73528277 |
Listing status
| Days on market | 4 days |
| Listed on | June 2, 2026 |
Taxes & financials
| Annual property tax | $8,124 |
| Tax year | 2026 |
| Assessed value | $698,700 |
| Zoning | 1040 |
| Gross income (actual) | $60,000/yr |
| Net operating income (actual) | $60,000/yr |
| Total actual rent | $5,000/mo |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.07 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Walk-Out Access, Unfinished |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Chelsea →
Listing courtesy of Willie Realty — Weilie Wen. 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 79 Grove, Chelsea MA 02150 have?
It is a 2-unit multi-family property with 2,688 sqft of living area, built in 1900.
How long has 79 Grove, Chelsea MA 02150 been on the market?
79 Grove, Chelsea MA 02150 has been listed for 4 days (since June 2, 2026).
What is the estimated cap rate on this 2-family in Chelsea?
Based on area median rents, the estimated cap rate is about 4.2%, with a Signal Score of 76/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $850,000 across 2 units, that works out to roughly $425,000 per unit.
What are the property taxes on 79 Grove, Chelsea MA 02150?
Annual property taxes are $8,124 (2026), on an assessed value of $698,700.
What is the price per square foot?
At $850,000 for 2,688 sqft, that's about $316 per square foot.
Where is this property located?
79 Grove, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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