Listing Courtesy of: Dennis Kelleher - Horvath & Tremblay 781-776-4000
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9-11 & 25 Williams & Division St Unit 9-11 & 2 Chelsea, MA 02150

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Multi-Family Residence
8 Beds
6 Baths
Sq. Ft.
0.05 Acre Lot

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Last updated on 11/7/2024 12:38 AM
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 di...rectly. 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. Continue reading
MLS#
73303605
Property Type
Multi-Family
Bedrooms
8
Bathrooms
4 Full/2 Half
Year Built
1900
Price per Sq. Ft.
$393.01
Lot Size
0.05
Sewer
Public Sewer

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Listing Courtesy of: Dennis Kelleher - Horvath & Tremblay 781-776-4000
Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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This content last refreshed on 11/7/2024 12:38 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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