3 Family - 3 Units Up/Down at 721 Broadway, Chelsea MA 02150, Chelsea
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$699,000

721 Broadway, Chelsea MA 02150
Chelsea, MA 02150
Listed by Matthew Gallego
Bedrooms
4
Bathrooms
2
Living area
3,560 sqft
Year built
1900

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!

Property details

MLS #
73589042
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
3
On market date
October 9, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 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
Edgar A Hooks Elementary
0.5 mi away · Grades 1-4
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
502
Student:teacher ratio
12.9:1
District
Chelsea
Middle
Clark Avenue School
0.17 mi away · Grades 5-8
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
719
Student:teacher ratio
14.1:1
District
Chelsea
HighCharter
Phoenix Charter Academy
0.41 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
185
Student:teacher ratio
15.4:1
District
Phoenix Charter Academy (District)

Walkability

Blended score for Chelsea'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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 3 days -- 75 fewer days than Chelsea's current average of 78 days.
For reference, the median list price across 379 active listings in Chelsea right now is $3,000.

Mortgage calculator

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

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Est. monthly payment
$4,359/mo
$139,800 down
$559,200 loan
Principal & interest$3,627
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 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.