Unique 16 Unit Residential Building - 10 units of 2 bed 2 bath configuration. 5 Units of 3 bed 2 bath configuration and 1 Unit 1 bed plus den configuration. This former church was gutted and retrofitted into luxury style finishes and appliances in 2023. Located within Chelsea's Opportunity Zone, it's a great addition to real estate portfolio for the savvy investor. Elevator was installed as part of renovation. Financials and tours available with signing of NDA and proof of financing. Situated in Center of Chelsea with close proximity to Chelsea Downtown Business District, Tobin Bridge Off/On Ramps, MBTA Bus Routes and local large employers including Mass Information Technical Center.
Listed by Roy Avellaneda
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Metropolitan Boston Real Estate, LLC
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617-212-4658
Last updated November 22, 2025
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Source: MLSPin #73453303
Listing Facts
TypeMulti-family
NeighborhoodBroadway
Bedrooms35
Bathrooms36
Days on Prevu32
Taxes$99,999,999/year
Size18,898 sqft
Price per sqft$328
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/18/2025
Price Decreased
$6,200,000
11/10/2025
Listed by Metropolitan Boston Real Estate, LLC
$6,500,000
Property Details for 163 Chestnut St
Exterior
Construction
Number Of Units Total: 16
Stories: 4
Stories Total: 4
Year Built: 1922
Year Built Details: Renovated Since
Construction Materials: Brick
Measurements
Building Area Total: 18,898
Building Area Units: Square Feet
Lot Size Acres: 0.23
Lot Size Area: 0
Lot Size Square Feet: 10,000
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $72,000.00
Taxes
Parcel Number: M:029 P:053,1287098
Tax Annual Amount: $99,999,999.00
Tax Assessed Value: $5,500,000.00
Tax Year: 2025
Interior
Measurements
Living Area: 18,898
Living Area Source: Appraiser
Rooms
Bathrooms Full: 32
Bathrooms Half: 4
Bathrooms Total Integer: 36
Bedrooms Total: 35
Rooms Total: 92
Parking
Parking
Open Parking Spaces: 16
Open Parking: Yes
Parking Features: Paved Drive
Parking Total: 16
Utilities
Equipment
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 35 bedrooms and 36 bathrooms in this multi-family home at 163 Chestnut St.
Does this multi-family home have parking?
Yes, there are 16 parking spaces available for 163 Chestnut St.
What are the annual taxes for 163 Chestnut St?
Annual taxes for this multi-family home are estimated at $99,999,999.
How does 163 Chestnut St compare to other multi-family homes in Broadway?
This multi-family home is listed 338% above the average price for multi-family homes in Broadway and has been on the market for 17 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 18,898 sqft.
163 Chestnut St is a 35-bedroom, 36-bath multi-family home for sale in Chelsea MA 02150. Listed on Prevu for 32 days at $6,200,000. This includes a recent price decrease of $300,000. This home features 18,898 square feet of living space, located in Broadway. The median listing price for multi-family homes in this area is $822,500. The home offers parking. Browse more multi-family home listings in Chelsea.
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