
39 Spencer Ave Chelsea — Photo 1 of 36
Recent Drop: $64,000
$865,000
39 Spencer Ave, Chelsea, MA 02150
Chelsea, MA 02150
Beds
6
Baths
3
SqFt
2,496
Style
3 Family
Built
1900
Solid, well-maintained three-family investment opportunity! Perfect for investors or owner-occupants seeking a turnkey property with easy access to downtown Boston. Located in a quiet neighborhood, it's within walking distance of schools, shopping centers, a supermarket, bus routes 111, 116 & 117, the commuter rail, and other everyday amenities. The first-floor unit has been fully renovated, while the renovated third-floor unit offers beautiful city views. The property features separate utilities, a private driveway for two off-street parking spaces, and a roof and siding in good condition. Numerous updates include electrical improvements, renovated kitchens, and updated bathrooms. Well maintained with great tenants already in place, this is an excellent opportunity to own a quality income-producing property in a convenient location. One unit can be delivered vacant if needed.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Chelsea, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Geography
Property History
$865,000
Was $879,000
Sep 10, 2026
MLS® 73541138
$879,000
Was $899,000
Aug 15, 2026
MLS® 73541138
$899,000
Was $929,000
Jul 17, 2026
MLS® 73541138
$929,000
Jun 24, 2026
MLS® 73541138
Population
39,908
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$72K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
74.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Ella Goren
Listing Office: Sunrise Realty & Investment LLC
MLS® Number: 73541138
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