31 Library St, Chelsea MA 02150

Chelsea, MA 02150

$850K

8 BD · 3 BA · 3,153 sf · 0.04 ac · Built 1930

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The residence

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!!!

At a glance

Property type: 3 Family
Status: Active
Year built: 1930
Lot size: 0.04 acres
Living area: 3,153 sf
MLS#: d52cba0842810edc65fc504c5af0d6a9
Beds · Baths: 8 · 3

Location

Chelsea, MA.

Chelsea sits within Greater Boston, in Massachusetts, and keeps the character of that stretch of the map — its streets, shoreline and architecture read as of a piece with the towns around it. Our advisors know the market here street by street and can speak to how a particular address sits within it.

Estimated Monthly Payment+

$4K/mo

Approximate · principal & interest only

Down payment · 25%Interest rate · 6.75%Term · 30 years

Display Currency

$850K

Indicative conversion — settlement always in USD.

Private Showing

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Listing courtesy of Real Broker MA, LLC · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 26, 2026

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