11 Williams Street Active

Chelsea,MA 02150

$ 1375000

7 Beds

5 Baths

4060 SqFt


Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,060 sqft

Price per Sqft $338

MLS Listing ID 73456489

Bedrooms 7

Full Baths 4

Half Baths 2

Year Built 1915

Annual Tax Amount $18,234

Tax Year 2025

Lot Size 2,178 Sqft

Property Sub-Type 5-9 Family

Property Description

Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property's long-term upside.

Location

State MA

County Suffolk

Zoning 5-9 Family

Interior

Flooring Wood,Tile,Vinyl

Exterior

Exterior Feature Rain Gutters,Other

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,T-Station,University,Other

Utilities Available for Gas Oven

Roof Type Shingle

Building

Lot Description Corner Lot,Other

Story 5

Foundation Other

Sewer Public Sewer

Water Public

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