
148 Congress Ave Chelsea — Photo 1 of 10
Recent Drop: $105,000
$985,000
148 Congress Ave, Chelsea, MA 02150
Chelsea, MA 02150
Beds
11
Baths
3
SqFt
3,924
Style
3 Family
Built
1920
Don't miss this outstanding opportunity to own a well-maintained and extensively updated three-family property in one of Chelsea's most convenient locations. Offering 3 bedrooms on the first floor and 4 bedrooms on both the second and third floors, this spacious multi-family provides an ideal layout for owner-occupants or investors seeking strong cash flow and long-term appreciation.One of this property's most valuable features is that it is Lead Compliant, offering added peace of mind when renting to families with young children—an important advantage for a building with larger bedroom counts.The property also features:Numerous updates throughout the yearsSpacious backyard perfect for outdoor enjoymentFull-size basement with abundant storage and additional potentialStrong existing rental income with excellent upside for future rent growthConvenient location near schools, public transportation, shopping, laundromats, restaurants, parks, and major commuting routesWhether you're looking to expand your investment portfolio or occupy one unit while collecting rental income from the others, this property presents an exceptional opportunity in today's market.
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Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Chelsea, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Laundromat • Highway Access • Public School
Geography
Property History
$985,000
Was $1,090,000
Aug 14, 2026
MLS® 73554885
$1,090,000
Jul 24, 2026
MLS® 73554885
Population
39,908
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$72K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
74.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Luis Tejada
Listing Office: Century 21 North East
MLS® Number: 73554885
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