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For Sale

238 Chelsea Street, Everett MA 02149

Everett, MA 02149

$6.1M
26 BD · 26 BA · 15,464 sf · 0.34 ac · Built 1970
The residence

238 Chelsea Street is a rare opportunity to acquire a 26-Unit value-add multifamily property located in Everett, Ma convenient to the Commuter Rail and Orange Line, the Gateway Center shops, Encore Casino and Downtown Boston. The building provides a stable rent roll that can be greatly improved through programmatic unit renovations as Everett continues to support higher-end rental stock with the local economic drivers. The property is comprised of (20) studio apartments and (6) 1-bedrooms / 1-bath units situated on a 0.34 acre lot that accommodates roughly 15 vehicles. The neighborhood continues to rapidly develop with projects like Wynn Phase 2 and the New England Revolution Stadium Waterfront development in the pipeline bringing a substantial amount of jobs and renters to the area.

At a glance
Property type
5+ Family - 5+ Units Up/Down
Status
Active
Year built
1970
Lot size
0.34 acres
Living area
15,464 sf
MLS#
0c49491a551b7008804accad0f893565
Beds · Baths
26 · 26
Location

Everett, MA.

Everett sits within Greater Boston, in Massachusetts, and keeps the character of that stretch of the map — its streets, shoreline and architecture read as of a piece with the towns around it. Our advisors know the market here street by street and can speak to how a particular address sits within it.

Estimated Monthly Payment+
$30K/mo
Approximate · principal & interest only
Display Currency
$6.1M

Indicative conversion — settlement always in USD.

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Listing courtesy of Marcus & Millichap Real Estate Investment Services · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 23, 2026

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