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99 Willow St
Chelsea, MA 02150
Willow Street Apartments · Multifamily Property For Sale · 16 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 14,045 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid Rise | Year Built | 1970 |
| Building Class | C |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 14,045 SF |
| No. Stories | 3 |
| Year Built | 1970 |
About 99 Willow St , Chelsea, MA 02150
Northeast Private Client Group is pleased to present the Willow Street Apartments located on 99 Willow Street in Chelsea, MA. This 14,045 SF three-story brick building was built in 1970 and consists of 15 two-bedroom units & 1 one-bedroom unit. Electric heat and hot water are paid by the landlord. The building has a flat rubber roof which is approximately eight (8) years old. Tenants enjoy on-site laundry and off-street parking. This property provides a significant value-add opportunity to investors through interior upgrades & market rents. Currently the two-bedroom units are averaging $1,300, where market range is closer to $1,600-$1,800. The new owner's upside is in gradually increasing annual rent roll.
PROPERTY TAXES
| Parcel Number | CHEL-000022-000000-000095 | Improvements Assessment | $2,928,000 |
| Land Assessment | $720,000 | Total Assessment | $3,648,000 |
PROPERTY TAXES
zoning
| Zoning Code | B3 |
| B3 |
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