#73293925, Roy Avellaneda, Listing Office: Metropolitan Boston Real Estate, LLC
23-25 Division St Chelsea, MA 02150
Property details
About 23-25 Division St
23-25 Division St is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams/23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.
Highlights
Summary
- MLS Number: 73352092
- MLS Name: MLS Property Information Network
- Office Name: Horvath & Tremblay
- Office Phone: (781) 776-4000
- Listing Agent: Dennis Kelleher
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Last updated on: 4/7/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,325,000
23-25 Division St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Hugh Roe O'Donnell Elementary School
Public District PK-5
0.7 mi
•33 Trenton St
5
Patrick J. Kennedy Elementary School
Public District PK-5
0.8 mi
•343 Saratoga St
7
James Otis
Public District PK-6
0.9 mi
•218 Marion St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,063. The majority of Chelsea, MA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 23-25 Division St in Chelsea, MA and zip code 02150. This 3,435 square foot home, which was built in 1900, sits on a 0.05 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 31, 2025 and is currently priced at $1,325,000.
Chelsea, MA housing market in March 2025 saw over 4 listings sold above listed price, more than 6 sold at listed price and over 2 sold below. The number of homes for sale in Chelsea, MA increased by 32.6% between February and March 2025. In March 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $565,500.