148 Park & Pearl Street
$8,100,000
55
30
24,219
24,219
$334
Description
The Park & Pearl Portfolio is comprised of 3 multi-family buildings and contains 30 residential units comprised of (4) 3-Bedroom/1-Bathroom units, (17) 2-Bedroom/1-Bathroom units, and (9) 1-Bedroom/1-Bathroom units. Since acquisition of the assets in 2017 & 2021, current ownership has completed numerous capital upgrades including a majority of units featuring new, Navien tankless systems for individual heat and hot water (gas) as well as some upgrades to the unit’s interiors. 148 Park Street/155...The Park & Pearl Portfolio is comprised of 3 multi-family buildings and contains 30 residential units comprised of (4) 3-Bedroom/1-Bathroom units, (17) 2-Bedroom/1-Bathroom units, and (9) 1-Bedroom/1-Bathroom units. Since acquisition of the assets in 2017 & 2021, current ownership has completed numerous capital upgrades including a majority of units featuring new, Navien tankless systems for individual heat and hot water (gas) as well as some upgrades to the unit’s interiors. 148 Park Street/155 Pearl St contains (7) 2-Bedroom/1-Bathroom units and (5) 1-Bedroom/1-Bathroom units. 156-160 Park Street contains (4) 3-Bedroom/1-Bathroom units, (4) 2-Bedroom/1-Bathroom units, and (1) 1-Bedroom/1-Bathroom unit. 161-165 Park Street contains (6) 2-Bedroom/1-Bathroom units and (3) 1-Bedroom/1-Bathroom units. Through programmatic renovations to the assets, the opportunity exists to substantially raise market rents in a high demand, up-and-coming rental sub-market.
- Listed by John Pentore • Horvath & Tremblay
- Listed by Dennis Kelleher • Horvath & Tremblay
Property Details for 148 Park & Pearl Street
Town
Chelsea
AreaMA-Chelsea
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 08/26/2024 03:09 AM
Property Details for 148 Park & Pearl Street
Status | Active |
---|---|
MLS # | 73281006 |
Days on Market | 25 |
Taxes | $77,895 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5+ Family - 5+ Units Side by Side |
Year Built | 1900 |
County | Suffolk County |
Building Information for 148 Park & Pearl Street
Stories3Residences30Year Built1900Building Size-Lot Size0.24 AC / 10,454 SF
Property Information for 148 Park & Pearl Street
Property History for 148 Park & Pearl Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 148 Park & Pearl Street
This home is within Chelsea School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Shurtleff Early Childhood PublicPK to 1 | ||
Joseph A. Browne School Public5 to 8 | ||
Chelsea High School Public9 to 12 | ||
Eugene Wright Science And Technology Academy Public5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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