Skip to main content

Listing broker remarks

LOCATION ! LOCATION ! LOCATION !!! PRIME REDEVELOPMENT OPPORTUNITY IN CHELSEA. MA. 56 MARLBOROUGH ST. AND 41 LIBRARY ST. MA. UNLOCK MAXIMUM RETURN ON INVESTMENT WITH THIS HIGHLY VERSATILE, DUAL-PARCEL ASSET LOCATED IN ONE OF GREATER BOSTON MOST RAPIDLY GROWING TRANSIT-ADJACENT MARKETS.UNMATCHED VALUE-POTENTIAL. EXCEPTIONAL CANDIDATE FOR A HIGH-DENSITY MULTIFAMILY OR CONDO CONVERSION PROJECT. PLUS A RARE OFF-STREET PARKING THAT INCLUDES 17 DEDICATED PARKING SPACES- A MASSIVE PREMIUM IN CHELSEA THAT SIGNIFICANTLY DRIVES RESALE VALUES AND RENTAL YIELDS. DUAL -DEED FLEXIBILITY: COMPRISES 2 SEPARATE DEEDS: TOGETHER WITH MLS: 73551740, OFFERING STRATEGIC DEVELOPMENT, FINANCING AND STRUCTURING FLEXIBILITY, EXCELLENT OPPORTUNITY FOR DEVELOPERS LOOKING TO BUILD IN PHASES OR SECURE INDEPENDENT PROJECT FINANCING. TRANSIT AND AIRPORT PROXIMITY: PRIME LOCATION JUST MINUTES FROM LOGAN INTERNATIONAL AIRPORT, DOWNTOWN BOSTON, MAJOR HIGHWAY ROUTES AND PUBLIC TRANSIT HUBS. STRATEGIC LOCATION ADVANTAGE: POSITIONED IN AN IN-DEMAND CORRIDOR BENEFITING FROM ONGOING NEIGHBORHOOD INVESTMENT, STRONG LOCAL RENTAL DEMAND AND RAPID CONNECTIVITY TO BOSTON ECONOMIC CORE. PARKING ADVANTAGE: PARKING IN CHELSEA COMMANDS A SIGNIFICANT DOLLAR PREMIUM PER SPACE FOR BOTH CONDOS AND RENTALS..— Cameron Real Estate Group

Key details

  • 3,222 sq ft
  • 5,609 lot sq ft
  • 6 beds
  • 3 baths
  • 1930 built
  • $341 / sq ft
  • $5,510 2026 taxes
MLS #
7⁠3⁠5⁠5⁠1⁠6⁠4⁠9⁠
Last updated
Address
56 Marlborough St
Town
Chelsea, MA
ZIP
02150
Deed (Bk/Pg)
29278 / 147

Map

Neighborhood: Chelsea

National Historic Landmark

Federally designated as nationally significant — the highest U.S. historic recognition. Section 106 review applies to federal undertakings affecting the property.

National Register

Listed on the National Register of Historic Places. Owners may qualify for the 20% federal Historic Rehabilitation Tax Credit on certified rehabilitation work.

State Register

Listed on the Massachusetts State Register of Historic Places.

Local Historic District

Inside a Local Historic District. Exterior changes visible from a public way require approval from the local historic district commission.

Local Landmark

Individually designated by the town as a local landmark. Exterior alterations require commission approval.

MACRIS Inventory

Documented in MACRIS, the state historic inventory. Informational only — no regulatory constraints.

Article 85 (Boston)

Subject to Boston Article 85 demolition-delay review, which can pause demolition of buildings 50+ years old for up to 90 days.

Ch. 91 Waterways License

An active MassDEP permit for a dock, pier, seawall, or other structure on or over a Massachusetts waterway. Many older licenses are not digitized; this record is provided for reference only.

Massachusetts Great Pond

A Great Pond under M.G.L. Ch. 91 — the Commonwealth retains public rights to fish and navigate these state-designated waters. Private docks and other waterfront structures require a Waterways License from MassDEP.

Likely Great Pond

The MLS listing describes this property as being on a Great Pond, which would be a state-designated water body under M.G.L. Ch. 91. GIS data did not independently confirm the pond name — verification needed.