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.