Hy-Sil Avenue Apartments
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
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