9-11 & 25 Williams & Division St Chelsea, MA 02150
Listing Courtesy of: MLS PIN / Horvath & Tremblay / Dennis Kelleher

  9-11 & 25 Williams & Division St Chelsea, MA 02150

Active (1 Days)
$1,350,000
8
BED
4.2
BATH
3,435
SQFT
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Description

9-11 Williams Street & 25 Division Street 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 and 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.

MLS #:
73303605
Taxes
$19,995(2024)
Lot Size
2,178 SQFT
Type
Multifamily
Year Built
1900
County
Suffolk County

Listed By

Dennis Kelleher, Horvath & Tremblay
Source
MLS PIN
Last checked Oct 18 2024 at 7:48 AM EDT
Bathroom Details
Lot Information
  • Corner Lot
Property Features
  • Fireplace: 0
  • Foundation: Other
Exterior Features
  • Roof: Rubber
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Stories
  • 8
Living Area
  • 3,435 sqft
Location
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Disclaimer: The property listing data and information, or the Images, set forth herein wereprovided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its 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. © 2024 MLS Property Information Network, Inc.. 10/18/24 00:48
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