Investor Opportunity in Chelsea! Bring your vision and transform this 3-bedroom single-family home into your next investment. Offering 1,296 sq. ft. of living space, hardwood floors, gas heat, a full basement, 2-car attached garage, and additional off-street parking.Conveniently located near Bellingham Square, the Silver Line, public transportation, shopping, and area amenities. The property needs work and is being sold AS IS, making it an excellent opportunity for investors, contractors, or buyers looking for their next renovation project. Furnace 2021 as per seller. Bring your ideas and see the potential this property has to offer! Highest and Best by 6pm on Tuesday, Sept. 8th. OPEN HOUSE Sunday, September 6th from 1:00pm-2:30pm.
Single-familyProperty Type
1920Year Built
2,613 sq ftLot Size
$413Price/Sq.Ft.
2 garage spacesParking
Listed by Marisol Franco• Coldwell Banker Realty - Western MA
Belingham Square, located between Broadway and the Chelsea Creek waterfront, is a historic and transit-linked Chelsea neighborhood with a civic plaza feel and a global food corridor. The neighborhood’s character concentrates around the Broadway and Fifth Street junction, where bakeries, taquerias, produce markets, and small storefronts keep the sidewalks in motion. Chelsea City Hall anchors the square with a dignified civic presence, while the Chelsea Clock Company building adds an industrial-era landmark note. The Chelsea Public Library brings a calm counterpoint to the street energy. Brick multifamily blocks and older commercial facades define the streetscape. The Silver Line at Chelsea Station ties daily routines to the wider region.
Provided by Walk Score and Local Logic
Market insights
161 Shawmut St · $535,000
DAYS ON MARKET
1 days
The average home goes pending in 21 days.
SALE-TO-LIST
101.6%
Most homes are selling 2% above list price.
LIST PRICE
$535,000
Median sale price in this area is $847,658. (58% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Interior features
Hardwood flooring throughout main living areas
Six total rooms
Full basement
Bedrooms
Master bedroom on the first floor with hardwood flooring
Second bedroom on the first floor with hardwood flooring
Third bedroom on the first floor with hardwood flooring
Bathrooms
One full bathroom on the first floor with stone/ceramic tile flooring
Kitchen
Kitchen on the first floor with stone/ceramic tile flooring
Range
Refrigerator
Laundry & utility
Laundry located in the basement
Flooring
Hardwood and stone/ceramic tile flooring
Heating & cooling
Natural gas heating
Window cooling units
Exterior features
Cleared lot
Public road frontage
Shingle roof
Home design
Single family residence
One-story (main living on first floor)
Parking
Detached garage
Two garage spaces
Two covered spaces
Two open parking spaces (total 4 parking spaces)
Paved driveway and off-street parking
Construction
Frame construction
Concrete perimeter foundation
Built (year per public records)
Utilities
Public water
Public sewer
Electric with circuit breakers
HOA & community
Public transportation nearby
Electricity and solar
View estimated energy costs and solar savings for this home
THIS SINGLE FAMILY HAS A GREAT LAY OUT, FIRST LEVEL OFFERS LIV-ROOM, DIN-ROOM AND A GOOD SIZE KITCHEN. SECOND LEVEL OFFERS THREE FULL BEDROOMS AND A FULL BATHROOM. GAS HEAT AND HOT WATER, 100 AMP CB SERVICE. GOOD SIZE DRIVEWAY FITS TWO CARS AND A TWO CAR GARAGE. VERY EASY TO SHOW-CALL TODAY.
Year
Property tax
Land + Additions
Assessment*
2023
$4,448 (−0.5%)
$147,400 + $211,900
$359,300
2022
$4,472 (+3.0%)
$140,400 + $197,100
$337,500
2021
$4,343 (+7.1%)
$133,700 + $185,200
$318,900
2020
$4,054 (+3.2%)
$127,400 + $175,400
$302,800
2019
$3,927 (+9.6%)
$127,400 + $148,200
$275,600
2018
$3,583 (+13.2%)
$127,400 + $126,700
$254,100
2017
$3,166 (+5.5%)
$127,400 + $93,400
$220,800
2016
$3,001 (+14.8%)
$127,400 + $83,200
$210,600
2015
$2,615 (+10.5%)
$110,800 + $70,800
$181,600
2014
$2,366 (+5.3%)
$96,300 + $62,700
$159,000
2013
$2,247 (−2.0%)
$96,300 + $62,700
$159,000
2012
$2,294 (+2.5%)
$98,200 + $67,900
$166,100
2011
$2,238 (+6.9%)
$102,300 + $70,900
$173,200
2010
$2,094 (−3.5%)
$102,300 + $70,900
$173,200
2009
$2,170
$127,700 + $73,200
$200,900
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
2,614 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,296
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,296
Year built
1920
Style
Single Family Residential
County
Suffolk County
APN
1287330
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
R2
Residential R-2 District
The purpose of the R2 district is to provide an area for multifamily dwellings and associated uses.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Fire house
Police station
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Chelsea, MA • 02150
Average low and high temperatures (°F)
34
22
37
24
51
34
58
42
68
52
79
63
84
69
78
63
73
60
64
49
53
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 161 Shawmut St
$536,241
$1,241 over list price of $535K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $455K to $705K.