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32636008
32636006

20 Hy-Sil Avenue, Chelsea, MA 02150

TM
MA MA 100283, CT CT 0805367 (+1)
NorthEast Private Client Group Newton
TE
MA 9585952
NorthEast Private Client Group Newton
FS
MA: 149766
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Newton
$4,440,000
23 days on market
Updated 23 days ago

Hy-Sil Avenue Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,478
Units 16
Tenancy Multi
Year Built 1978
Buildings 2
Acreage 0.220
Investment Type Stabilized

16 Units | Chelsea, MA

Marketing description

Northeast Private Client Group is pleased to present The Hy-Sil Apartments, a 16-unit apartment complex located at 7 & 20 Hy-Sil Avenue in Chelsea, Massachusetts.

The Hy-Sil Apartments are comprised of (9) one bedroom, (4) two bedroom and (3) three bedroom units. Tenants are responsible for their own electric which is the source of heat & hot water. There is ample off-street parking and on-site coin-op laundry. The majority of units have been renovated, offering updated interiors that enhance rental upside and minimize near-term capital expenditure requirements.

Located just minutes from Downtown Boston, the property offers exceptional connectivity to Route 1, public transportation, and close proximity to Revere Beach and Logan International Airport. The surrounding area continues to experience strong rental demand driven by its accessibility, relative affordability compared to core Boston neighborhoods, and ongoing regional growth.

Investment highlights

  • 16-Unit Apartment Building | Recent Capital Improvements
  • (9) One bedroom, (4) Two Bedroom & (3) Three Bedroom Units
  • Tenant Paid Utilities | Off-street Parking | Coin-op Laundry

Listing Contacts

TM
MA MA 100283, CT CT 0805367 (+1)
NorthEast Private Client Group Newton
TE
MA 9585952
NorthEast Private Client Group Newton
FS
MA: 149766
NorthEast Private Client Group Newton
Listed by NorthEast Private Client Group Newton

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Additional Information

Name
Tim McGeary
License
MA 100283
Brokerage
Northeast Private Client Group
Title
Vice President, Investments
Name
Tom Egbers
License
9585952
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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