Wilson Wolfe Real Estate

48 woodlawn, Chelsea, MA 02150

Multi-Family

$1,300,000
Price

6
Units
5,300
Approx. GLA
"INVESTORS TAKE NOTICE" great opportunity for condo conversion. Building will be delivered vacant. 6 UNIT BUILDING in a great developing part of Chelsea last house on left on Woodlawn Ave before entering Everett. Solid investment property and a good opportunity for a TAX EXCHANGE. This could be a lucrative investment for the right person. 5 units with 2 bedrooms, one with 1 bedroom with the possibility of adding an additional bedroom. Porches, low maintenance vinyl siding, natural gas, storage and laundry in basement and possibility of adding more off street parking by paving back yard. Conveniently located on a bus line and a short stroll to the Newbridge Cafe. Quick close preferred, OFFERS BEING PRESENTED AS THEY COME IN. Make this property part of your portfolio. DON'T MISS OUT, ACT QUICKLY ON THIS ONE. SALE TO INCLUDE FRONT LOT. THREE MILES FROM THE NEW ENCORE CASINO.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Concrete Floor
List Price: $1,300,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Under Agreement
Beds: 11
Baths: 6
Units: 6
Year Built: 1910
Approx. GLA: 5,300
MLS#: 72547777
 
Interior
Basement: Yes
Electric Features: 220 Volts, Circuit Breakers, 60 Amps/Less
Flooring: Wall to Wall Carpet, Hardwood
Energy: Insulated Windows
Rooms: 23
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.30
Lot Size: 13,054.00
Lot Description: Corner
Foundation: Fieldstone
Parking Spaces: 4
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Oven, for Electric Dryer, Washer Hookup
Exterior: Vinyl
Exterior Features: Porch, Screens
Water: City/Town Water, Other (See Remarks)
Water: City/Town Water, Other (See Remarks)
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $714,700
Taxes: $10,077
Tax Year: 2018
Book/Page: 58570/128
Beach
Beach: No
Expenses
Gross Income: $129,600
Total Rent: $8,000
Net Income: $20,000
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Park, Highway Access
Disclosure Declaration: No
Disclosure: Gross income and net operating expenses and are only an estimate
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $1,200
Unit 2 4 2 0 1 1 0 No 1 $1,800
Unit 3 4 2 0 2 1 0 1 $1,800
Unit 4 4 2 0 2 1 0 No 1 $1,800
The listing office is Wilson Wolfe Real Estate and the listing agent is Catherine Wilson. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, 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 it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.