Rare opportunity to acquire a well-maintained brick mixed-use asset in a highly strategic Chelsea location, only 12 minutes from Logan Airport and 11 minutes from downtown Boston. The property includes a long-standing commercial tenant, El Carriel Bar, on the ground floor with a 1-bedroom residential unit above. The adjacent structure consists of three quality 2-bedroom/1-bath units. All units feature separately metered electricity, heat, and hot water, which tenants pay directly. The owner covers water and sewer, with the commercial tenant reimbursing 66.67% for 9–11 Williams and 23 Division. El Carriel has operated at this location since 2018 and recently exercised a 5-year renewal option with scheduled annual rent increases, providing proven tenant stability and consistent income growth. Continued investment and development in Chelsea further support the property’s long-term upside.
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters, Other
- Flooring:
- Tile, Wood, Vinyl
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- 2028
- Electric Feature:
- 110 Volts, Other (see Remarks)
- Garage Parking
- Lead Paint:
- Unknown, Certified Treated
- Market Time:
- 31
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $333
- Zoning:
- 5-9 Family
- No Units:
- 3
- Orig Price:
- $1,375,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Chelsea
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02150
- Longitude:
- W72° 57' 39.3''
- Latitude:
- N42° 23' 17.2''
Residential Income
11 Williams Street, Chelsea, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,350,000
- Bedrooms :
- 7
- Rooms :
- 18
- Total Bathrooms :
- 5
- Full Bathrooms :
- 4
- Half Bathrooms :
- 2
- Square Footage :
- 4,060 Sqft
- Year Built :
- 1915
- Lot Area :
- 0.05 Acre
- Listing ID :
- 73456489
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com