THE BEST OPPORTUNITY IN TOWN! DON'T MISS OUT!Beautifully remodeled two-family property offering modern finishes, a fantastic layout, and excellent condition throughout. Both units have been updated in recent years, are fully deleaded, and are move-in ready. Nothing to do but move in and enjoy!Features include updated walls, ceilings, doors, and frames; modern tiled bathrooms; spacious eat-in kitchens with attractive cabinetry, granite countertops, and stainless-steel appliances. Additional improvements include updated electrical circuit breakers, separate electrical panels for each unit, new plumbing, and much more!AN INCREDIBLE OPPORTUNITY FOR HOMEOWNERS AND INVESTORS! Interior photos coming soon!
Multi-familyProperty Type
1920Year Built
1,875 sq ftLot Size
$338Price/Sq.Ft.
Listed by Gustavo Veloz• COM-PRO Real Estate Services, Inc
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
Property details
Interior
Exterior
Finance
Interior features
Full basement with interior entry
Lead certification available
Remodeled
Living room
Kitchen
Bathrooms
2 full bathrooms
Kitchen
Range
Microwave
Refrigerator
Flooring
Tile
Hardwood
Heating & cooling
Central forced-air heating
Natural gas heating
Home design
Two stories
Parking
On-street parking
Construction
Frame construction
Stone foundation
Rubber roof
Lead paint certified treated
Utilities
Public water
Public sewer
110-volt electricity
Electricity and solar
View estimated energy costs and solar savings for this home
Investors and developers take notice! This is the opportunity you have been waiting for! This 2 family home is located minutes from City Hall, major bus routes, the commuter rail and features 10 rooms with 6 bedrooms, large living rooms and office areas. Renovate the kitchens and baths or leave as is and collect approximately $27,000 per year in gross rental income, rents are well below market rates! The property has updated electric, well maintained water heaters and forced hot air systems! All utilities are separate and the tenants pay! Exceptional price for an exceptional opportunity!
MLS PIN #70646372
Feb 1, 2008
Sold
$136,000
$70/sq ft
Jan 12, 2008
Listing Removed
—
Sep 11, 2007
Listed
$169,900
$87/sq ft
Any and all offers are contingent upon receipt of a fully executed and mutually acceptable Purchase & Sale agreement. Including any and all of the seller's addendums. The acceptance of good faith monies in escrow without an executed P&S Agreement does not bind the seller. “AS IS” SALE.
MLS PIN #30783997
Aug 5, 2004
Sold
$364,000
$186/sq ft
Oct 29, 2003
Listing Removed
—
Oct 27, 2003
Listed
$364,900
$187/sq ft
Public Records
Oct 31, 2003
Sold
$366,500
$188/sq ft
MLS PIN #30425668
Oct 20, 2000
Sold
$137,000
$70/sq ft
Jul 24, 2000
Listing Removed
—
Jul 5, 2000
Listed
$137,000
$70/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$6,138 (−0.1%)
$134,200 + $361,600
$495,800
2022
$6,147 (+3.3%)
$127,800 + $336,100
$463,900
2021
$5,951 (+6.4%)
$121,700 + $315,200
$436,900
2020
$5,592 (+1.2%)
$115,900 + $301,700
$417,600
2019
$5,528 (+13.1%)
$115,900 + $272,000
$387,900
2018
$4,888 (+6.5%)
$115,900 + $230,800
$346,700
2017
$4,589 (+31.2%)
$115,900 + $204,100
$320,000
2016
$3,497 (+8.2%)
$115,900 + $129,500
$245,400
2015
$3,231 (+16.4%)
$100,800 + $123,600
$224,400
2014
$2,775 (+5.3%)
$87,700 + $98,800
$186,500
2013
$2,635 (+6.3%)
$87,700 + $98,800
$186,500
2012
$2,480 (+3.5%)
$89,100 + $90,500
$179,600
2011
$2,397 (+5.0%)
$92,800 + $92,700
$185,500
2010
$2,283 (−15.5%)
$92,800 + $96,000
$188,800
2009
$2,701
$115,900 + $134,200
$250,100
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,952
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,952
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1287393
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
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
57/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 62 Chester Ave
$661,659
$1,697 over list price of $660K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $600K to $760K.