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23-25 Division StChelsea, MA 02150

For Sale

$1,295,000

Smart Buyer Rebate $6,475

23-25 Division St 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/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.

Listed by John Pentore

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Horvath & Tremblay

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781-776-4004

Listed by Dennis Kelleher

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Horvath & Tremblay

Listed by Kelleher - Pentore Team

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Horvath & Tremblay

Last updated September 06, 2025

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Source: MLSPin #73352092

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Chelsea Residential District
  • Bedrooms8
  • Bathrooms6
  • Days on Prevu160
  • Taxes$18,235/year
  • Size3,435 sqft
  • Price per sqft$377

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/05/2025
Price Decreased
$1,295,000
06/05/2025
Status changed to Active
$1,325,000
06/01/2025
Status changed to Expired
$1,325,000
03/31/2025
Listed by Horvath & Tremblay
$1,325,000

Property Details for 23-25 Division St

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Rubber
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1900
  • Year Built Details: Approximate

Features

  • Waterfront Features: 1/2 To 1 Mile To Beach

Measurements

  • Building Area Total: 3,435
  • Building Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0
  • Lot Size Square Feet: 2,178
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $153,740.00
  • Operating Expense: $48,357.00

Taxes

  • Tax Annual Amount: $18,235.00
  • Tax Assessed Value: $1,132,600.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 3,435
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 8
  • Rooms Total: 18

Utilities

Equipment

  • Electric: Individually Metered
  • Sewer: Public Sewer
  • Water Source: Public

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.