
46 Addison St #2 Chelsea — Photo 1 of 28
Recent Drop: $1,000
$649,000
Investment Analysis — 46 Addison St #2
Chelsea, MA 02150 — Bellingham Square
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02150 carries an estimated $3,480/mo in gross rent — about a 2.60% cap rate and $16,869/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,557
Style
Condominium
Built
1900
***Ask how the seller can help lower your monthly mortgage payment! Seller is open to offering credit toward buyer closing costs or an interest rate buy down.*** Rare Turnkey Value | Expansive 2,557 SF Bi-Level Layout | Exceptional Multi-Generational Versatility. Priced decisively under prevailing price-per-square-foot market averages, this fully renovated 4-bedroom, 3-bathroom residence offers an expansive, single-family feel across two full levels of living space. Spanning the 2nd and 3rd floors, the generous 4-bed, 3-bath configuration provides ideal adaptability for multi-generational living, au pair accommodations, or dual executive work-from-home suites. Enjoy a designer quartz/stainless kitchen with marble backsplash, rich hardwoods, cathedral ceilings, upper-level laundry, and substantial basement storage. Commuter Dominance: Minutes to Downtown Boston, Logan Airport, the MBTA Commuter Rail, and the Silver Line. Unpack, settle in, and capture unbeatable square footage and value in today’s market. Flood insurance is conveniently factored directly into the monthly HOA for streamlined budgeting.
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 MLS and other third-party data may be inaccurate or out of date.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
Neighborhood
Public Transportation • Shopping • Park • Highway Access • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Hardwood
Dining Room
Lvl SecondFlooring - Hardwood
Kitchen
Lvl SecondCountertops - Stone/Granite/Solid, Cabinets - Upgraded
Primary Bedroom
Lvl ThirdSkylight, Cathedral Ceiling(s), Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl ThirdBedroom 3
Lvl SecondCloset, Flooring - Hardwood
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood
Bathroom 1
Lvl ThirdBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl SecondBathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
Property History
$649,000
Was $650,000
Oct 4, 2026
MLS® 73570912
$650,000
Was $699,900
Sep 17, 2026
MLS® 73570912
$699,900
Sep 2, 2026
MLS® 73570912
Listing Agent: Colleen & Company Team
Listing Office: Keller Williams Realty
MLS® Number: 73570912








