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267 Broadway, Chelsea, MA, 02150

16beds
16baths
14,800sqft
$8,700,000
$588price/sqft
$63,194/moest. monthly cost
$2,527,760/yrincome needed

About This Home

Outstanding Multi Use Property, Landmark Building Located on Broadway Chelsea . Completely Restored and Architecturally Designed From it's Original Use From Top to Bottom, 1st Floor and Basement house the Commercial Unit Approximately 3000 sq ft plus Full Basement Use with Elevator Access .Triple Net Lease Approx $20,000 Monthly. Sixteen 1 bd Apartments on 2nd and 3rd floors With Too Many Top of the Line Ammenities to List. Rents Generate $59,514 Monthly at Full Capacity.. (3 Apts Vacant On the Market Now). Parking in Rear for Business, Tenants Have Elevator Use to Laundry and Exit ...All Apartments Support Themselves, Mitsubishi Splits in Each For Heat ,Air and Electric, Video Monitoring Throughout Building . Short Walk to Transportation to Boston and Surrounding Towns . Property is A Money Maker !!!$$

Getting Around

96
WalkingWalker's Paradise
62
TransitGood Transit
53
BikeBikeable

Schools

--
Shurtleff Early ChildhoodGrades PK-10.1 mi
2/10
Chelsea High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Brick/Mortar
  • Roof: Rubber
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 16
  • Full bathrooms: 16

Features

  • Finished area above ground: 14,800

Interior Area

  • Total structure area: 14,800
  • Total interior livable area: 14,800 sqft

Property

Details

  • Parcel number: M:029 P:036,1287078
  • Zoning: BR

Lot

  • Lot size: 6,004 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 9
  • Parking features: Paved Drive,Off Street,On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 9

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $43,991$527,892
Home Insurance *$3,125$37,500
Property Taxes $13,160$157,920
Electricity $2,918$35,021
Total$63,194$758,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,166,651/yr
40% on housing$1,895,820/yr
45% on housing$1,685,173/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$588This listing

vs Other Active Listings

Avg $/sqft

ZIP 02150$311
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02150$325
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-31Price change$8,700,000
2026-05-11Listed for sale$8,900,000
2016-01-05Sold$935,000
1996-11-15Sold$125,000

For Sale by Agent

AgentDiane Cambria
BrokerageCentury 21 North East

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