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About this home
Fully gut-renovated, condo-quality three-family property conveniently located just off Route 1, offering easy access to the Tobin Bridge and Downtown Boston.UNIT LAYOUTS: The property features two spacious three-bedroom residences, each with additional space suitable for a home office or potential fourth bedroom. The first-floor residence offers two bedrooms plus a dedicated home office. The top-floor three-bedroom unit has been intentionally vacated, providing an excellent opportunity for owner-occupancy or additional rental income.Each residence features luxury vinyl plank flooring, granite countertops, stainless steel Amana appliances, gas ranges, dishwashers, and updated bathrooms with quality fixtures and tile flooring.Major improvements include a new roof, windows, electrical systems, and Navien tankless heating and hot water systems. Additional amenities include coin-operated laundry and individual basement storage.A turnkey investment opportunity offering modern finishes, extensive capital improvements, and owner-occupancy flexibility.
Multi-familyProperty Type
1900Year Built
1,428 sq ftLot Size
$301Price/Sq.Ft.
Listed by Dan Pouladian• North Shore Realty Advisors
Broadway, located between Chelsea Square and the Mystic River waterfront, is a historic and commercial Chelsea neighborhood with a classic main-street corridor and a dense mix of civic landmarks. The neighborhood’s character concentrates around Broadway at Everett Avenue, where taquerias, bakeries, barbershops, and small storefronts keep the sidewalks in motion. Brick rowhouses and older mixed-use blocks frame the streetwall, with pocket parks and municipal buildings breaking up the grid. The Chelsea Clock Company building and the Strand Theatre act as cultural anchors along the corridor. Mary O’Malley Park adds river views and a breezy walking loop at the edge of the neighborhood.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Full basement
14 total rooms
Bathrooms
3 full bathrooms
Heating & cooling
3 heating units
Exterior features
Corner lot
Home design
Three-family property
3 stories
Parking
No open parking spaces
Construction
Stone foundation
Rubber roof
Utilities
Public water
Public sewer
200+ amp electric service
HOA & community
Near public transportation and shopping
Financial info
Units 1 and 2 have leases; Unit 3 does not
Electricity and solar
View estimated energy costs and solar savings for this home
The Property is a completely gut-rehabbed, condo-quality, turn-key asset located just off of Route 1, providing immediate access to the Tobin Bridge and Downtown Boston. With rents in place through 2023-24, the opportunity exists to acquire a stabilized asset in a continuously growing, high-demand real estate market. The 3-Bedroom units feature a room for a home office with the opportunity to convert it into a fourth bedroom, if desired. All of the floors (except in the bathrooms) are vinyl plank, each of the kitchens have granite countertops, stainless steel Amana appliances including dishwashers and disposals, gas ranges and microwaves. All of the bathrooms feature new vanities with granite countertops, Delta faucets, American Standard toilets, and tile flooring. Additionally, the Property features a new Roof, Windows, Electrical System and Navien Tankless Combi-Boiler Systems for Heat and Hot Water. There is a coin-op laundry room and individual storage units in the basement.
MLS PIN #72754603
Mar 2, 2021
Listing Removed
—
Feb 25, 2021
Sold
$810,000
$217/sq ft
Nov 8, 2020
Listed
$899,900
$241/sq ft
+26
Impressive and complete gut renovation of this stately three family located in one of Chelsea's Economic Opportunity Zones. First floor consists of 2 beds, eat in kitchen, living room with a separate office space, 1 full bath, laminate flooring throughout except bathroom. Second and third floors each consists of 3 bedrooms, eat in kitchen, living room with separate office space, 1 full bath, and laminate flooring throughout except bathroom. All kitchens have granite countertops, American Standard stainless steel sinks and faucets, disposal, stainless steel Amana appliances including a built-in dishwasher, gas range and microwave. All bathrooms have a vanity with a granite countertop, Delta faucets, 5' fiberglass tub and shower unit, Symmons shower valves, American Standard toilet, and tile flooring. Common area laundry hookup in basement. Walking distance to public transportation, restaurants, shopping and all that a revitalized and thriving Chelsea has to offer. Showings begin 11/11.
MLS PIN #50479920
May 28, 1998
Sold
$138,900
$37/sq ft
Apr 9, 1998
Listing Removed
—
Jul 14, 1997
Listed
$145,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$13,971 (−1.1%)
$112,200 + $1,016,300
$1,128,500
2022
$14,131 (+3.9%)
$106,800 + $959,700
$1,066,500
2021
$13,601 (+98.9%)
$101,800 + $896,800
$998,600
2020
$6,838 (+3.4%)
$96,900 + $413,800
$510,700
2019
$6,615 (+11.2%)
$96,900 + $367,300
$464,200
2018
$5,947 (+5.1%)
$96,900 + $324,900
$421,800
2017
$5,659 (+21.8%)
$96,900 + $297,700
$394,600
2016
$4,648 (+15.1%)
$96,900 + $229,300
$326,200
2015
$4,038 (+15.0%)
$84,300 + $196,100
$280,400
2014
$3,512 (+5.3%)
$73,300 + $162,700
$236,000
2013
$3,335 (+4.9%)
$73,300 + $162,700
$236,000
2012
$3,179 (+3.7%)
$81,600 + $148,600
$230,200
2011
$3,065 (+6.9%)
$85,000 + $152,200
$237,200
2010
$2,868 (−28.2%)
$85,000 + $152,200
$237,200
2009
$3,993
$144,800 + $224,900
$369,700
Public record
Beds
8
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,735
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,735
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1287625
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
Historical weather
Chelsea, MA • 02150
Average low and high temperatures (°F)
34
22
37
24
51
34
58
42
68
52
79
63
83
68
78
63
73
60
64
49
53
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in Chelsea. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 148 Walnut St
$1,118,924
$6,076 under list price of $1.13M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $915K to $1.2M.