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Here is an amazing opportunity to own a very well maintained 3 Family home on one of the largest lots in Chelsea. This property is comprised of 3 separate parcels totaling 7,413 sq ft. (101, 103 & 107 Central Avenue). The 1st and 2nd floors are currently occupied (TAW) and are rented at $2150 and $2300 respectively. The 3rd floor is rent ready (est +$2500/mo). It is currently unoccupied, at the owners’ discretion, to accommodate prospective viewings and/or new owner living space. All apartments have been lovingly cared for over the years. The 3rd floor apartment has original hardwood floors, is bright, sunny and has some water views. The 2nd floor apartment was renovated in 2020 and is in excellent condition. It too has beautiful original woodwork and hardwood flooring. The 1st floor apartment may need a little TLC next time it turns over and does not have original hardwood. Each apartment has its own W/D hookup. There is currently coin operated laundry on the 3rd floor.
Current real estate data for Multi Family in Chelsea as of Oct 08, 2025
20
Multi Family Listed
143
Avg DOM
335
Avg $ / SqFt
$1,180,270
Avg List Price

Property Details

Price:
$1,185,000
MLS #:
73430483
Status:
Pending
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Sep 13, 2025
Finished Sq Ft:
3,105
Total Sq Ft:
3,105
Lot Size:
7,413 sqft / 0.17 acres (approx)
Year Built:
1900
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
None
Flooring
Wood, Vinyl, Carpet
Heating
Hot Water, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Off Street, Paved
Parking Spots
5
Roof
Rubber

Financial

Net Operating Income
$83,400
Tax Year
2025
Taxes
$8,022

Map

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Community

Property Summary

    103 Central Ave Chelsea MA is a Multi Family for sale in Chelsea, MA, 02150. It is listed for $1,185,000 To schedule a showing of MLS#73430483 at 103 Central Ave in Chelsea, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
103 Central Ave
Chelsea, MA