31 Heard St Chelsea, MA 02150
Broadway Neighborhood
6
Beds
2
Baths
2,042
Sq Ft
3,420
Sq Ft Lot
About This Home
As of April 2025!!!Open House cancelled today 02/16/25!!! Great opportunity to add a 2-family property to your investment portfolio. This two family has two tenants with 1 lease in place with a great rental history. The first floor unit has 3 bedrooms, a good-sized kitchen with white cabinetry and hardwood floors. The unit on the second floor also has 3 bedrooms, stainless steel appliances, granite countertops in the kitchen, boasting 2 levels of living. Both units have natural gas heating/cooking, built in wall A/C's, separate meters for utilities, 2 off-street parking spots per unit, and ceramic tiled bathrooms. Plumbing upgrades, New roof and Sump pump installed. Located on a side street in an ideal location close to Parkway Plaza filled with shops and restaurants. Easy access for commuters to Route 16, Route 1, Tobin Bridge and Logan Airport and close proximity to MBTA bus stops nearby as well. Schedule your showing today!
Co-Listed By
Monarch Team
EVO Real Estate Group, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,071
Year Built
- Built in 1880
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- Property has 1 Level
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- 3,420 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $72,000
Listing and Financial Details
- Total Actual Rent $6,000
- Assessor Parcel Number 1288024
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $880,000 | +1.3% | $431 / Sq Ft |
| 02/15/2025 02/15/25 | Pending | -- | -- | -- |
| 02/09/2025 02/09/25 | For Sale | $869,000 | +15.9% | $426 / Sq Ft |
| 04/04/2024 04/04/24 | Sold | $750,000 | +15.4% | $367 / Sq Ft |
| 03/04/2024 03/04/24 | Pending | -- | -- | -- |
| 02/20/2024 02/20/24 | For Sale | $650,000 | +35.4% | $318 / Sq Ft |
| 08/05/2016 08/05/16 | Sold | $480,000 | -3.8% | $215 / Sq Ft |
| 06/14/2016 06/14/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | Price Changed | $499,000 | -5.0% | $224 / Sq Ft |
| 05/13/2016 05/13/16 | For Sale | $525,000 | +91.6% | $236 / Sq Ft |
| 04/13/2015 04/13/15 | Sold | $274,000 | -14.1% | $133 / Sq Ft |
| 03/14/2015 03/14/15 | Pending | -- | -- | -- |
| 12/11/2014 12/11/14 | For Sale | $319,000 | -- | $155 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $71 | $614,300 | $187,800 | $426,500 |
| 2024 | $6,788 | $570,400 | $187,800 | $382,600 |
| 2023 | $6,590 | $532,300 | $170,700 | $361,600 |
| 2022 | $6,608 | $498,700 | $162,600 | $336,100 |
| 2021 | $6,400 | $469,900 | $154,800 | $315,100 |
| 2020 | $6,013 | $449,100 | $147,400 | $301,700 |
| 2019 | $6,160 | $432,300 | $147,400 | $284,900 |
| 2018 | $5,489 | $389,300 | $147,400 | $241,900 |
| 2017 | $4,345 | $303,000 | $147,400 | $155,600 |
| 2016 | $4,093 | $287,200 | $147,400 | $139,800 |
| 2015 | $3,781 | $262,600 | $128,200 | $134,400 |
| 2014 | -- | $219,000 | $111,500 | $107,500 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $864,061 | FHA | |
| Closed | $667,500 | Purchase Money Mortgage | |
| Closed | $59,504 | FHA | |
| Closed | $463,890 | FHA | |
| Closed | $270,000 | New Conventional | |
| Previous Owner | $326,250 | Purchase Money Mortgage |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Foreclosure Deed | $303,694 | -- | |
| Foreclosure Deed | $303,694 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $143,000 | -- | |
| Deed | $143,000 | -- |
Source: Public Records
Similar Homes in Chelsea, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73333709
APN: CHEL-000047-000000-000056
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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