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59-61 Division Street
SOLD

Team Brusil & Sabrina Stewart Brokers Finalize $1.45M Multifamily Sale In Chelsea

59-61 Division Street

MultiFamily
4,500 SF
clock iconSold 54 days ago
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Summary

Sale
MASSACHUSETTS
MultiFamily
4,500 sqft

Located at 59-61 Division Street in Chelsea, MA, this multifamily property was sold for $1,450,000. The asset comprises 5 units, amounting to a price per unit of $290,000, with a total square footage of 4,500 and a price per square foot of $322. The property offers a rare investment opportunity in the vibrant lower Broadway area, featuring lead-compliant units currently occupied by reliable tenants, providing positive cash flow and potential for increased returns.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,450,000
  • Units: 5
  • Price Per Unit: $290,000
  • Square Footage: 4,500
  • Price Per Square Foot: $322
  • Address: 59-61 Division Street
  • Market: Chelsea, MA

Representing the buyer in this transaction was Team Brusil from Keller Williams Boston-Metro. On the seller's side, the property was represented by Sabrina Stewart, associated with BLINK Realty Group / eXp Realty. The deal on 59-61 Division St underscores the strategic presence and negotiation skills of the involved real estate professionals, highlighting their expertise in facilitating successful property transactions in the Chelsea market.

Players

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    2

  • Agents

    1

  • Agencies

    1

Sabrina Stewart's profile picture
Sabrina Stewart
EXP Realty-image
Real Estate Agent
$1.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Sabrina Stewart DATE: 05/15/2024 ADDRESS: 59-61 Division Street MARKET: Chelsea, MA ASSET TYPE: Multifamily BUYER'S REP: Team Brusil - Keller Williams Boston-Metro SELLER'S REP: Sabrina Stewart - BLINK Realty Group (@Blinkestatesgroup)/eXp Realty (@ExpRealty_) SALE PRICE: $1,450,000 UNITS: 5 ~ PPU: $290,000 SF: 4,500 ~ PPSF: $322 NOTE: 59-61 Division St in Chelsea, MA, sold for $1,450,000, presenting a rare 5-family investment opportunity in the vibrant lower Broadway area with lead-compliant units currently occupied by reliable tenants, offering positive cash flow and potential for increased returns.

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Address59-61 Division Street

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