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INVESTMENT SNAPSHOT
About this property
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!!!
Property details
| Units | 3 |
| Living area | 3,153 sqft |
| Lot size | 1,956 sqft |
| Year built | 1930 |
| Price / sqft | $270 |
| County | Suffolk |
| MLS # | 73594925 |
Listing status
| Days on market | 0 days |
| Listed on | October 25, 2026 |
Taxes & financials
| Annual property tax | $9,850 |
| Tax year | 2026 |
| Assessed value | $858,000 |
| Zoning | R3 |
| Gross income (actual) | $0/yr |
| Net operating income (actual) | $0/yr |
| Total actual rent | $7,300/mo |
Building & lot
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Walk-Out Access, Interior Entry, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Vinyl, Laminate, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Gas Oven |
Location
More about investing in Chelsea →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 31 Library St, Chelsea MA 02150 have?
It is a 3-unit multi-family property with 3,153 sqft of living area, built in 1930.
How long has 31 Library St, Chelsea MA 02150 been on the market?
31 Library St, Chelsea MA 02150 has been listed for 0 days (since October 25, 2026).
What is the price per unit?
At a list price of $850,000 across 3 units, that works out to roughly $283,333 per unit.
What are the property taxes on 31 Library St, Chelsea MA 02150?
Annual property taxes are $9,850 (2026), on an assessed value of $858,000.
What is the price per square foot?
At $850,000 for 3,153 sqft, that's about $270 per square foot.
Where is this property located?
31 Library St, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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