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Nick Dawes
REALTOR®
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31 Library St, Chelsea, MA 02150

$850,000
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BEDS8 BATHS3 full SQUARE FEET3,153 MLS#73594925
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Unbelievable investment opportunity less than three miles from beautiful downtown Boston! Located in the heart of Chelsea and just 2.25 miles over the historic Tobin from downtown!! This turnkey, rock-solid 3-family home is the perfect addition to your portfolio or could be an ideal owner-occupant setup. Finding a classic multi-family property in this location at this price point so close to the city is truly unheard of! The property features a highly rental-friendly layout: a spacious 2-bedroom unit on the 1st floor, and massive 3-bedroom units on both the 2nd and 3rd floors. Upgrades include a modern updated 3rd-floor unit that can be delivered vacant, perfect for an owner-occupant looking to live for next to nothing or a landlord ready to set market rent immediately!! All units feature strong rental history with current tenants on flexible month-to-month agreements. The property boasts well-maintained, good systems throughout, offering true peace of mind for the next savvy buyer. Don't miss your chance to own a classic Chelsea cash-flowing 3-decker under $850k with unbeatable proximity to Boston. Won't last!!!

31 Library St | MLS# 73594925

This multi-family property located at 31 Library St, Chelsea, MA 02150 is currently listed for sale with an asking price of $850,000. Search Chelsea real estate on nickdawes.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Walk-Out Access, Interior Entry, Unfinished
Fenced: Yes
Lot Size: 0.04 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $9,850
Year Built: 1930

Feature Descriptions

Building Area Total: 3153
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 10
Dwelling Type: 3 Family
Exterior: Frame
Fencing: Fenced/Enclosed
Flooring: Tile, Vinyl, Laminate, Hardwood
Lot Features: Cleared, Level
Parcel Number: M:0039 B:0000 L:0060,1287845
Parking Total: 0
Patio And Porch: Porch, Enclosed
Rooms Total: 14
Sewer: Public Sewer
Units: 3
Utilities: for Gas Range, for Electric Range, for Gas Oven
Water: Public

Local Schools

High School: Per Board Of Ed
Middle School: Per Board Of Ed
Elementary School: Per Board Of Ed

Listed By / Shown By

Listed By

Agency Name: Real Broker MA, LLC
Agent Name: Team ROVI
Agency Phone: 413-273-1381

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Shown By

Agent Name: Nick Dawes
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 2,960.48 per month $1,891.73 Principal & Interest $820.83 Property Tax $247.92 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/05/2026. The listing information on this page last changed on 11/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 11/05/2026 12:00:42 AM EST) or MLSPIN MLS (last updated Wed 11/04/2026 11:38:31 PM EST) or Prime MLS (last updated Wed 11/04/2026 11:33:25 PM EST) or MREIS (last updated Wed 11/04/2026 11:55:20 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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