Active
9-11 & 25 Williams & Division St
Chelsea MA, 02150
$1,350,000
$393.01 per sqft
Active
8 Beds
6 Baths
3,435 sqft
Multi-family
Built in 1900
9-11 Williams Street & 25 Division Street is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building's utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams and 23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.
73303605
MLSⓇ ID
October 17, 2024
Listed
November 22, 2024
Updated
Map
9-11 & 25 Williams & Division St
Chelsea MA, 02150
Interior Features
Total Stories
8
Bedrooms
8
Total Bathrooms
6
Full Bathrooms
4
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
Corner Lot
Roof
Rubber
Sewer
Public Sewer
Other Property Details
Taxes
$19,995
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking Total
0
View
No
County
Suffolk
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
W
Courtesy of Dennis Kelleher, Horvath & Tremblay
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Data last updated 11:24 PM UTC, 11/22/2024
