238 Chelsea Street — Sale in Everett, MA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Everett, MA 02149

Photos

238 Chelsea Street — Sale in Everett, MA, photo 1 of 2
238 Chelsea Street — Sale in Everett, MA, photo 2 of 2

Investment Figures

Cap rate
5.97%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

238 Chelsea Street is a value-add opportunity consisting of 26 units, including (20) studio apartments and (6) 1-bed/1-bath apartments. Located in a rapidly developing area of Everett, the property offers fifteen (15) off-street parking spaces and benefits from easy access to public transportation and a variety of local amenities within walking distance. Investment Highlights: • Value-add opportunity • Rapidly developing area • Walkable to local amenities

Market Context

This multifamily in Everett, MA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Everett, MA — view the full market.

As of Q1 2026, the Boston multifamily market showed average asking rents near $2966.00/unit/mo. Source: multiple brokerage reports, Q1 2026.

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