Skip to content
Bean Group
Offered at $1,050,000Active
beds
8
baths
3
sq ft
3,103
Built
1900

45 Addison

Chelsea, MA 02150

About this home

Fantastic Investment Opportunity! Well-maintained three-family property nestled in a quiet, friendly neighborhood within walking distance to local schools. Featuring spacious 3-3-2 bedroom units, generously sized bathrooms, updated kitchens, and gleaming hardwood floors throughout. Situated on an oversized, double lot, the property offers off-street parking for up to 14 vehicles. Additional potential for a fourth unit or studio in the basement (buyer to verify permits and feasibility). Strong rental history with long-term tenants of over 5 years and an excellent record of on-time rent payments. A must-see opportunity for investors or owner-occupants looking to maximize rental income!

Listing last checked: Listing updated:

Listed by Erik Pali · Erik Pali · MLS #73592192

Request property information

Select a document to start a request. You can add others in the form. Availability varies.

Details at a glance

Interior3 property facts
Rooms
14
Flooring
Wood, Tile
Basement
Yes · Full, Walk-Out Access, Interior Entry
Building5 property facts
Style
3 Family - 3 Units Up/Down
Year built
1900
Parking
6
Foundation
Concrete Perimeter
Roof
Shingle
Land & utilities5 property facts
Lot size
0.09 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
Three Fam
Financial2 property facts
Annual taxes
$9,893
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,050,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,134 / monthAdjust
Principal & interest
$5,309
Property tax
$824
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $9,893. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $1,029,441

Estimated range $876,853–$1,182,028.

Automated estimates are not appraisals or guarantees of market value.

Request a professional market analysis
Comparable properties 1 supplied

Sold Sep 4, 2026

$1,056,000

46 Theodore St

Photo-based condition insights

Overall presentation: below average

Explore more of Chelsea

Continue your search in Chelsea.

Need help making sense of this home?

About 45 Addison

Can I request a private showing?

Request a tour of 45 Addison and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.