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163 Chestnut StChelsea, MA 02150

For Sale

$6,200,000

Smart Buyer Rebate $31,000

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.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.