Maverick Portfolio, Chelsea, MA 02150

Multi Family property with 63 bedroom(s), 44 bathroom(s) in Chelsea MA.

The Maverick Portfolio is comprised of four multi-family properties located at 125-129 Arlington St (MLS #73357408), 36-40 Orange St (MLS #73357407) & 93-95 Orange St (MLS #73357406), & 827-835 Broadway (MLS #73357406). The Portfolio contains forty-four residential units comprised of five 3-Bedroom/1-Bathroom units, nine 2-Bedroom/1-Bathroom units, twenty-four 1-Bedroom/1-Bathroom units, and six Studio units. Each of the Properties has an on-site laundry facility, and 827-835 Broadway offers four on-site parking spaces. The Maverick Portfolio offers the opportunity to acquire four investment properties in a highly desirable urban-infill location. The subject properties are ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are well below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.