Commercial Sale at 107 Princeton St, Chelmsford MA 01863
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42 photos

$900,000

107 Princeton St, Chelmsford MA 01863
Chelmsford, MA 01863
Listed by The Rogers / Melo Team
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1858

About this home

Opportunity knocks for investors, owner-occupants, & entrepreneurs. This unique & versatile property was totally gutted and rehabbed in 1983 ! Property features three residential units plus a separate vacant commercial space, offering flexibility for rental income, business use, or owner occupancy. Unit 1 offers 3 bedrooms and 1 bath and is currently rented for $1,500 per month. Unit 2 offers 2 bedrooms and 1 bath and is currently rented for $1,350 per month. Unit 3 offers 4 bedrooms and 1.5 baths and is currently rented for $2,000 per month. All residential tenants pay their own utilities, have lead-free certificates, and are tenants at will. The fourth unit is vacant commercial space ready for renovation and customization. It includes ample storage, a half bathroom, and central A/C, making it suitable for uses such as a hair or nail salon, professional offices, a plumbing or service business, or studio space, subject to applicable zoning and permitting. With strong income potential and versatile commercial space, this property is an excellent opportunity to live, invest, and operate a business in one location.

Property details

MLS
MLS Property Information Network
MLS #
73570059
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
54
On market date
August 31, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.64 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Charles D Harrington
0.82 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
472
Student:teacher ratio
13.5:1
District
Chelmsford
Middle
Col Moses Parker School
1.1 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
727
Student:teacher ratio
11.9:1
District
Chelmsford
High
Chelmsford High
0.92 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,342
Student:teacher ratio
12.9:1
District
Chelmsford

Walkability

Blended score for Chelmsford's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
9.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores2
Parks10
Schools7
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Chelmsford, from live MLS data.

On the market 54 days -- 38 fewer days than Chelmsford's current average of 92 days.
For reference, the median list price across 211 active listings in Chelmsford right now is $565,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,570/mo
$180,000 down
$720,000 loan
Principal & interest$4,670
Property tax (est.)$750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 7 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.