OPEN TODAY, 11AM TO 1PM

For sale

$699,000

Est. $4,866/mo —

•

3,560

sq ft

721 Broadway, Chelsea, MA 02150

About this home

Attention Investors, Contractors, and Developers! Excellent opportunity to add a three-family property to your investment portfolio! This fully vacant multifamily property offers tremendous potential for investors looking to renovate, add value, and maximize rental income. With all three units vacant, the new owner has the flexibility to begin improvements immediately without the challenges of existing tenancies. Whether you're looking for your next value-add investment, a renovation project, or a long-term income-producing property, the possibilities are endless! Property is in need of repairs and updates and is being sold strictly AS-IS. Bring your vision and take advantage of this great investment opportunity!

Multi-familyProperty Type

1900Year Built

5,906 sq ftLot Size

$196Price/Sq.Ft.

Listed by Matthew Gallego • Juan Gallego

Listed by • Juan Gallego

Listing updated: Oct 9, 2026 at 02:21pm

Redfin checked: 2 minutes ago

•Source:MLS PIN #73589042

Payment calculator

$4,866 per month

Principal and interest$3,910

Property taxes

$833

HOA dues

Home insurance

$122

Utilities

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Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Saturday, October 10

Open houses

Saturday, Oct 10

11:00am - 1:00pm

Sunday, Oct 11

11:00am - 1:00pm

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Around this home

Schools

K - 12
Preschool & daycare

Clark Avenue School

Public 5-8 • Assigned • 0.2mi

3/10

Chelsea High School

Public 9-12 • Assigned • 0.7mi

2/10

George F. Kelly Elementary School

Public 1-5 • Assigned • 0.5mi

3/10

Provided by GreatSchools

About

Broadway

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

Interior features
Unfinished basement
8 rooms

Bathrooms
2 full bathrooms

Sale and tax history for 721 Broadway

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2023

$9,434 (−1.2%)

$164,400 + $597,600

$762,000

2022

$9,549 (+3.7%)

$156,600 + $564,100

$720,700

2021

$9,210 (+15.1%)

$149,100 + $527,100

$676,200

2020

$8,002 (+1.9%)

$142,000 + $455,600

$597,600

2019

$7,855 (+13.7%)

$142,000 + $409,200

$551,200

2018

$6,910 (+5.0%)

$129,100 + $361,000

$490,100

2017

$6,582 (+20.7%)

$129,100 + $329,900

$459,000

2016

$5,453 (+15.5%)

$129,100 + $253,600

$382,700

2015

$4,722 (+15.1%)

$112,300 + $215,600

$327,900

2014

$4,102 (+5.3%)

$97,600 + $178,100

$275,700

2013

$3,896 (+4.0%)

$97,600 + $178,100

$275,700

2012

$3,747 (+3.6%)

$109,600 + $161,700

$271,300

2011

$3,616 (+6.9%)

$114,200 + $165,700

$279,900

2010

$3,384 (−18.5%)

$114,200 + $165,700

$279,900

2009

$4,153

$143,000 + $241,500

$384,500

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,614 Sq. Ft.

Year renovated

—

Finished Sq. Ft.

3,560

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,560

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Suffolk County

APN

1288238

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

WCFOD

FOD

Residential R-3 District

The purpose of the R3 district is to provide an area for higher density, multifamily dwellings.

Zone overlays

WIRELESS OVERLAY DISTRICT
Floodplain Overlay District

Permitted uses

Include but are not limited to:

Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Mixed use building
Public service
Educational/school
Fire house
Police station

Climate risks

9/10 Flood Factor

Estimated 80%+ chance 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

74/ 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.

7.1 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 721 Broadway

$696,741

$2,259 under list price of $699K

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The Redfin Estimate uses 6 recent nearby sales, priced between $645K to $995K.

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33 years newer
SOLD AUG 13, 2026
$966,000 Last sold price
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21 John St, Chelsea, MA 02150
$115/sq ft
smaller lot
SOLD JUN 12, 2026
$850,000 Last sold price
5 beds3.5 baths2,300 sq ft
2 Laurel St, Chelsea, MA 02150
$174/sq ft
smaller lot
35 years newer

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Details provided by MLS PIN and may not match the public record. Learn more.

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