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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!!!

More Info

Basic Information

  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number M:0039 B:0000 L:0060,1287845

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms8
  • Full Bath3

Building

  • BasementFull, Walk-Out Access, Interior Entry, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Porch, Enclosed
  • Rooms14
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Range, For Gas Oven
  • Year Built1930
  • Year Built Details Approximate
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $858,000
  • Tax Year 2026
  • Taxes$9,850

Parking

  • Parking Spaces

Location

  • Address31 Library Street
  • Building Number31
  • CountySuffolk
  • StateMA
  • StreetLibrary Street
  • TownChelsea
  • Zip02150

Exterior

  • Fencing Fenced/Enclosed
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,153
  • Lot Size Square Feet 1,956
  • Lot Size Units Acres
  • Square Feet3,153

Other

  • Date Listed10/26/2026
  • Farm Land Area Units Square Feet

School Information

  • Elementary SchoolPer Board Of Ed
  • High SchoolBoard of Education
  • High School Per Board Of Ed
  • Junior HighPer Board Of Ed

Basic Information

  • List Price$850,000
  • MLS Number73594925
  • Modification Date10/26/2026
  • Property SubType3 Family

Property

  • Acreage0.04

Interior

  • Flooring Tile, Vinyl, Laminate, Hardwood

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement

Map Location

Listed by Team ROVI of Real Broker MA,LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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