416 Crescent Ave
416 Crescent Ave

416 Crescent AveChelsea, Massachusetts

2 baths1771 sqft
Save Share
$ 574,900
Talk to an Agent

If you'd like to know more about this property, contact us!

Marcio Vasconcelos
Marcio Vasconcelos
Talk Chat

Description of 416 Crescent Ave

Investors take notice. Numbers work on this one. Mixed-use 2-fam. Property has been gone through and rents and zoning have been stabilized, open permits closed, all liens paid and all bills now current. Ready for new owner. Commercial space downstairs is successful, large take-out restaurant/convenience store. Current rent is $2100 with a long term lease that goes up to $2800. Central AC and lots of storage in basement. Upstairs rental is leased for $2600. Rental unit is a fully gutted 2-bed, gorgeous new kitchen with stainless appliances and granite counters, new bath, flooring, windows, sheetrock, heating, recessed lights, paint. Laundry for upstairs unit included. Both tenants pay all of their own utilities. Current gross rent is $56,400/yr and scheduled to increase to $64,800/yr+ The numbers make sense on this one, fully turn-key and the best deal in town.
Show more

Details

Property Type

Multi-Family

Lot/Acreage

0.03

Year Built

1900

Zip Code

02150

County

Suffolk

MLS

#73134695

Agent

David Gradus

Interior

Master Bath

No

Basement

Yes

Basement Features

Bulkhead

Homes Similar to Chelsea, MA

$589,900
2 Beds
2 Baths
1191 Sqft

157 Chestnut #305, Chelsea, MA 02150

Talk to an Agent Chat to an Agent
$589,900
2 Beds
2 Baths
1141 Sqft

157 Chestnut #304, Chelsea, MA 02150

Talk to an Agent Chat to an Agent
$479,900
1 Bed
1 Bath
880 Sqft

25 Second Street #305, Chelsea, MA 02150

Talk to an Agent Chat to an Agent
$575,000
3 Beds
2 Baths
994 Sqft

52 Spencer Ave #3, Chelsea, MA 02150

Talk to an Agent Chat to an Agent
$579,000
2 Beds
2 Baths
1191 Sqft

157 Chestnut #205, Chelsea, MA 02150

Talk to an Agent Chat to an Agent
$689,000
2 Beds
2 Baths
1387 Sqft

90 Clark Ave #2, Chelsea, MA 02150

Talk to an Agent Chat to an Agent