465 Chapel St, Lee, MA 01238
Overview
Description
Supplements: ... (Read more) The property is currently fully occupied, providing immediate and consistent rental income. It has a 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 this size. Additional amenities include private parking for up to 16 vehicles, ensuring convenience for tenants, as well as a coin-operated washer and dryer that generates supplemental income. A storage shed is also located on the property, offering space for maintenance equipment or tenant use. Recent updates include a furnace and chimney liner that are both less than one year old, helping to reduce immediate capital expenses and improve overall efficiency. An extra lot is included with the sale, presenting potential for future development, expansion, or added value. This is a turnkey investment opportunity in a desirable location, offering immediate income with room for future growth. Financial details are available upon request for qualified buyers.
Listing Details MLS# 249582
Location, Tax & Legal
- Registry
- Middle Registry
- Street #
- 465
- Street Name
- Chapel
- Street Ext
- St
- State/Province
- MA
- Postal Code
- 01238
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
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
Lead Paint Disclosure ›
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