465 Chapel St, Lee, MA 01238 (MLS# 249582)

465 Chapel St, Lee, MA 01238

New Listing

$995,000

BC7E0B18-E577-4739-B44E-D26555ACE0E7_4_5

Property Type: MultiFamily Bedrooms: 10 Baths: 9 Square Footage: 5,690 Lot Size (sq. ft.): 108,900 Status: Active

Current Price: $995,000 List Date: 5/19/2026 Last Modified: 5/19/2026

Overview

Description

For Sale: 9-Unit Victorian Investment Property - Prime South County Location This is an exceptional opportunity to own a fully occupied, income-producing Victorian multifamily property set on 2.5 beautifully landscaped acres in a highly desirable South County location. Combining classic charm with strong rental performance, this property is ideal for investors seeking both stability and long-term potential. The building features a total of nine residential units, thoughtfully configured to attract a diverse tenant base. There are two efficiency one-bedroom units, one spacious two-bedroom unit, and six standard one-bedroom units, each offering a comfortable layout with a living room and full kitchen. The property is currently fully occupied, providing immediate and consistent rental inco

Supplements: Its strong occupancy history and appealing unit mix contribute to long-term tenant retention and investment reliability. The grounds are beautifully landscaped, enhancing curb appeal while offering a pleasant environment for residents. The expansive 2.5-acre lot provides a sense of privacy and space that is rarely found in multifamily properties of ... (Read more)

Listing Details MLS# 249582

Location, Tax & Legal

Registry: Middle Registry
Street #: 465
Street Name: Chapel
Street Ext: St
State/Province: MA
Postal Code: 01238
Village: South Lee
Assess Amt: 777000
Elem School: Lee
Middle School: Lee
High School: Lee
Assessed Year: 2025
Taxes: 8741
Tax Year: 2025
Page: 227

Contract Information

Accessory Dwelling Unit: No
Original List Price: 995000
Limited Service: No
Agent Interest: None

General Property Description

Realtor.COM Type: Multi-Family
Sq Ft Liv Apx: 5690
Sq Ft Source: Assessor
Total Bedrooms: 10
Total Full Baths: 9
Total Bathrooms: 9
Parking Spaces Type: Garaged
Unit Style: Other
Year Built Apx: 1880
Year Built Source: Assessor
Lot Size Dimensions: 108,900
Acres Apx: 2.5
Lot Size SqFt: 108900
Total Rooms: 0

Status Change Info

Status Change Date: 2026-05-19

Building Info

Exterior Color: Beige

Electric Type

100 AMP (# of Units): 9

More Information

Heating Sys #

Heating Sys #: Yes

Hot Wtr Sys #

Hot Wtr Sys#: Yes

Electric Meters #

Electric Meters #: Yes

Remarks & Misc

Directions: Heading into downtown Lee, go east on Rt 20 (Chapel Street) toward Becket. Pass the Lee Outlet Village, subjectt property on the left side.
Marketing/Headline: For Sale: 9-Unit Victorian Investment Property - Prime South County Location

Restrict Covenants

No: Yes

Basement

Bulk head: Yes
Concrete Floor: Yes
Interior Access: Yes
Unfinished: Yes
Exterior Entrance: Yes

Exterior Amenities

Outbuilding: Yes
Trash Private: Yes

Flood Hazard Area

Unk: Yes

Floor

Linoleum: Yes
Wood: Yes

Fuel

Nat Gas: Yes

Garage

None: Yes

Heat/Cool/Vent

Steam: Yes

Hot Water

Nat Gas: Yes

Lead Paint

Yes: Yes

Title V

Not Applicable: Yes

Underground Oil Tank

Unk: Yes

Water

Public: Yes

Right to Farm Comm

Yes: Yes

Sewer

Public: Yes

No of Units

9 or More: Yes

Right of Way

Unk: Yes

Incl in Rent

Electric: Yes
Heat: Yes
Hot Water: Yes
Parking: Yes
Trash Removal: Yes

Construction

2x6 Walls: Yes
Wood Frame: Yes

Roof

Asphalt: Yes

Style

Victorian: Yes

Zoning

Residential: Yes

Seller Disc

No: Yes

Exterior Siding

Vinyl: Yes

Laundry

Coin Op: Yes
In Basement: Yes

Mandatory HOA

No: Yes

Possession

Close Of Escrow: Yes

Property Features

No of Units: 9 or More Restrict Covenants: No Title V: Not Applicable Underground Oil Tank: Unk Water: Public Sewer: Public Right to Farm Comm: Yes Flood Hazard Area: Unk Right of Way: Unk Incl in Rent: Electric; Heat; Hot Water; Parking; Trash Removal Style: Victorian Exterior Amenities: Outbuilding; Trash Private Construction: 2x6 Walls; Wood Frame Exterior Siding: Vinyl Roof: Asphalt Basement: Bulk head; Concrete Floor; Interior Access; Unfinished; Exterior Entrance Floor: Linoleum; Wood Garage: None Fuel: Nat Gas Hot Water: Nat Gas Laundry: Coin Op; In Basement Lead Paint: Yes Zoning: Residential Seller Disc: No Mandatory HOA: No Possession: Close Of Escrow

Documents

Lead Paint Disclosure ›

MA Home Inspection Disclosure ›

Listing Office: STONE HOUSE PROPERTIES, LLC

Listing Agent: Timothy Gallagher

Last Updated: May - 19 - 2026

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