267 Broadway

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267 Broadway

Chelsea, MA 02150
Asking Price
$8.90M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily residential asset situated in Chelsea Massachusetts
  • Total asking price set at eight million nine hundred thousand dollars
  • Located at the address of 267 Broadway in the 02150 zip code
  • Property represents an established apartment building investment opportunity
  • Positioned within the active and dense Greater Boston housing market

What's Special

Chelsea serves as a key urban center in the Greater Boston metropolitan area, benefiting from its proximity to major transportation corridors and a steady demand for residential housing. The multifamily property located at 267 Broadway sits within this dense, accessible market that attracts a diverse range of residents working throughout the regional economy. Given the apartment building asset type, this site presents an acquisition prospect for investors seeking to manage income-producing residential assets in a mature, established neighborhood. Its position on a prominent thoroughfare allows for convenient connectivity to surrounding urban hubs and employment centers. The scale and layout of the asset support continued residential operations, providing a stable foundation for long-term rental income strategies within the competitive Massachusetts housing landscape.

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NOI
$80,000
Cap Rate
0.90%
DSCR
0.15
Underwater
Cash-on-Cash
-16.79%
Monthly Payment
$44,032.344
Annual Cash Flow
$-448,388.128

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