254 Spencer Ave. #5 Chelsea — Photo 1 of 36
$539,900
Investment Analysis — 254 Spencer Ave. #5
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 3.44% cap rate and $18,552/yr in estimated NOI at the $539,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,110
Style
Condominium
Built
2021
Built in 2021, this top-floor corner residence offers the perfect combination of modern construction, low HOA fees, and unbeatable convenience just minutes from downtown Boston in a neighborhood with a walkability score of 83. Featuring two spacious bedrooms, two full bathrooms, an open-concept kitchen with granite countertops and gas cooking, in-unit laundry, central air, and two deeded parking spaces (including one covered space) this home is move-in ready. The living and dining areas open to a private balcony where you can enjoy your morning coffee with your pet as the building is pet-friendly! Experience the seamless blend of comfort and convenience this exceptional condominium has to offer.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl ThirdFlooring - Hardwood, Balcony / Deck, Cable Hookup, Open Floorplan, Recessed Lighting
Dining Room
Lvl ThirdFlooring - Hardwood, Open Floorplan, Recessed Lighting, Lighting - Pendant
Kitchen
Lvl ThirdFlooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Pendant
Primary Bedroom
Lvl ThirdBathroom - Full, Closet, Flooring - Hardwood
Bathroom 1
Lvl nullBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl nullBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Listing Agent: Danielle Walsh
Listing Office: Kelliher & Callaghan
MLS® Number: 73583119
