67-69 Webster Ave Chelsea, MA 02150

67-69 Webster is an eight-unit multi-family investment property located in Chelsea comprised of eight (8), 2-Bedroom/1-Bathroom units with 6,840 square feet of living area in 7,269 total square feet on a 0.11-acre parcel. The buildings utilities are separately metered (tenants are responsible for their own heat (electric), hot water (electric) and electric. The building has been well maintained during ownership. Building amenities include a coin-op laundry room and large rear yard creating outdoor space in an urban setting for tenants of the property. 67-69 Webster is currently fully occupied. There is an opportunity to create additional value by converting the third-floor units into 3-Bedroom units, generating higher revenue at the Property. The opportunity also exists to drive rental rates through upgrades and renovations to the kitchens and bathrooms in in all units, allowing the incoming owner to maximize rents in a supply constrained market.