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143 ADDISON ST. CHELSEA, MA 02150

Value add 3 family, perfect for house-hack opportunity.

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$9,200/Month
Current Rent Roll

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3 UNITS

beds icon

3 BEDS

baths icon

3 BATHS

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3,588 SQ FT

A charming white two-story house with a steep roof, black shutters, and a well-kept front yard
House photo
House photo
1 / 3

Unit #1

BEDS

3

BATHS

1.5

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #2

BEDS

3

BATHS

1

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #3

BEDS

3

BATHS

1.5

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #1

BEDS

3

BATHS

1.5

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #2

BEDS

3

BATHS

1

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #3

BEDS

3

BATHS

1.5

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #2

BEDS

3

BATHS

1

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

Unit #3

BEDS

3

BATHS

1.5

SQFT

1,424

CURRENT RENT

$1,950

PROJECTED MARKET RENT

$2,1009%

*CURRENT LEASE EXPIRED
8/31/2024

LET’S TAKE A CLOSER LOOK

Investment calculator

We’ve gone ahead and filled out this calculator based on our best analysis of the property - but feel free to adjust it as needed to suit your specific needs!

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Purchase Price

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Interest Rate

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Downpayment

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Property Taxes

$

Insurance

$

Utilities

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Maintenance

%

Management

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Vacancies

$

Other Income

$

Current Rents

$

Market Rents

CURRENT 8.5%
MARKET 11.4%

Cash on Cash Return

CURRENT 8.5%
MARKET 11.4%

Cap Rate

CURRENT 0.09%
MARKET 0.11%

DSCR

CURRENT $0.085
MARKET $0.114

Net Operating Income

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PROPERTY LOCATION

The Neighborhood

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8%

Rent

8%

DOM

8%

Sales Price

8%

Compare to Greater Boston

ABOUT US

The Elle Group

Our team

Since 2018 The Elle Group has been an investor focused real estate team servicing hundreds of clients in the Greater Boston Area. As investors ourselves, we’re ready, willing, and able to help new investors purchase their first house-hacking project, coordinate the purchase and sale of a 1031-Exchange, or even assist in filling your buildings with great tenants.

Whether you’ve just started to explore the world of real estate investing, or you’re busy playing real-life Monopoly across the city, you can look to The Elle Group as a trusted resource in sourcing, negotiating, and analyzing the best deals to hit the Boston market.

Testimonials

“They’re great with contract negotiations, managed to sell one of my flips for an excellent price, and has a great read on the current market... Nothing escapes their attention to detail when it comes to investment properties.”

FIX AND FLIP

Redgy S. (Southshore, MA)

“The Elle Group flawlessly worked with me over the course of 6+ months to find a property that suited my criteria and investment strategy for an owner occupied multifamily... Highly recommend for anyone who is looking to start!”

HOUSE HACK

Alvin Z. (Somerville, MA)