$1,350,000
Calculate Payment
9-11 & 25 Williams & Division St Unit 9-11 & 2 Chelsea, MA 02150
Multi-Family
Residence
8
Beds
6
Baths
Sq. Ft.
0.05
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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
Receive an email as soon as the price changes
Receive an email
as soon as the price changesGet Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Nearby Homes For Sale
Just Listed
And
Homes Available
In