Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.
| MLS Listing ID: | 73456489 |
|---|---|
| Listing Price: | $1,375,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 7 |
| Full Baths: | 4 |
| Half Baths: | 2 |
| Living Space: | 4060 sf. |
| Lot Size: | 0.05 acres (2033 sf.) |
| Parking: | - |
| Taxes: | $18,234.00 |
| Tax Year: | 2025 |
Listing Current as of November 20, 2025 12:00am
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