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74 Springvale Ave APT 18, Chelsea

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$379,000

Features
Flooring: Tile, Carpet
Has basement: Yes
Has fireplace: No
Common walls with other units/homes: No One Above,Corner

Interior area
Total structure area: 800
Total interior livable area: 800 sqft
Finished area above ground: 800

Heating
Baseboard
Cooling

Wall Unit(s)
Appliances

Laundry: Common Area, In Building

Parking
Total spaces: 1
Parking features: Off Street, Deeded

Accessibility
Accessibility features: No
Features

Entry location: Unit Placement(Back)
Patio & porch: Deck – Wood
Exterior features: Deck – Wood, Balcony

Details
Parcel number: M:089 P:029U,3276467
Zoning: R

Bedrooms

x 2

Bathrooms

x 1

Investment Numbers

  • Sale Price: $379,000
  • Rental Value: $ 2.00
  • Gross ROI: 6.33%
  • Management Fee: $ 0.20
  • Property/Council Tax: $ 3.00
  • Misc. & Other Fees: $ 474.00
  • Total Deductions: $ 477.20
  • Net Rental Income: $ -475.20
  • Monthly Income: $ -475.20
  • Net ROI: -1504.59%

Total Deductions: $ 477.20

Monthly Income: $ -475.20

Neighbourhood Highlights

Located just minutes from downtown Boston, this apartment at 74 Springvale Ave sits in the heart of Chelsea, one of Greater Boston’s most convenient and culturally vibrant communities. ✔️ Prime Commuter Location – Enjoy easy access to public transportation, including the Silver Line and commuter rail, putting Boston, Logan Airport, and surrounding areas just a short ride away. ✔️ Local Charm & Convenience – The area offers a variety of local shops, grocery stores, and eateries within walking distance. Whether you're grabbing a quick bite or running errands, everything you need is close by. ✔️ Cultural Diversity – Chelsea is known for its welcoming, multicultural atmosphere, with rich Latin American influences reflected in the local food, community events, and markets. ✔️ Parks & Recreation – Take in scenic views and fresh air at nearby Mary O’Malley Park or explore the peaceful Admirals Hill area with its green spaces and waterfront paths. ✔️ Residential Comfort – The Springvale Ave neighborhood is quiet and residential, ideal for those seeking a comfortable and well-connected living environment.

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I was very happy with the first property I bought through InvestorHub. The figures were almost unbelievable and I quickly bought the second one.

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Initially, I thought it was too good to be true that I can’t buy a property for that kind of price. I went ahead with the asset acquisition and I’m now a proud owner of a property in America whilst living in the UK. I also have a passive income of $720 every month.

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