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355 Boylston St / (617) 233-5800

9-11 & 25 Williams & Division St

Chelsea, MA ID #73303605

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9-11 & 25 Williams & Division St

- Chelsea, MA ID #73303605

Property Description

9-11 Williams Street & 25 Division Street is a five unit mixed-use building comprised of one commercial unit on the first floor leased to El Carriel Bar, and four 2-Bedroom/1-Bathroom units. The building’s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The landlord is responsible for domestic water and sewer and the commercial unit reimburses 66.67% of this expense (from 9-11 Williams and 23 Division only). The building has been well maintained during ownership. El Carriel has been at this location since 2018 and just exercised a 5-year renewal option, demonstrating their commitment to the site and the market. Their lease calls for attractive annual increases in rent, protecting against rising operating expenses and providing a hedge against inflation.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 02150
  • Taxes: 19,995
  • Living Levels: 8
  • Acres: 0.05

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 8
  • Total Rooms: 18

Location

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9-11 & 25 Williams & Division St, Chelsea, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dennis Kelleher of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.