24 Chelmsford St, Chelmsford, MA 01824

Property Description

Rare opportunity in the heart of Chelmsford Center! Set directly along the Bruce Freeman Rail Trail, this distinctive, well-maintained four-unit multifamily blends timeless character with thoughtful updates in a location close to restaurants, shops, public transportation, and everyday conveniences. Featuring a studio, a one-bedroom apartment, and two spacious two-bedroom apartments, all currently tenant-occupied, the property offers an appealing mix of residential layouts complemented by additional office space. Stainless steel appliances and tile backsplashes enhance the kitchens in Units 1- 3, while heated bathroom floors in Units 2 and 3 add a welcome touch of comfort. Unit 2 also features a primary bathroom with a shower. A full basement provides valuable storage, and ample off-street parking adds to the property's everyday convenience. Recent improvements include a new driveway and hardscaping in 2023, a new side porch in 2026, replacement basement drainage pipes in 2022, and a new steam boiler for Unit 4 in 2025. Each residential unit is separately metered for electric and gas. The owner pays water/sewer, hot water, and basement/common-area electric, which is served by a separate owner-paid panel. A separate owner-paid gas meter supplies the on-demand water heaters serving all four units. With established occupancy, appealing interior features, and a central location that connects residents to both downtown amenities and miles of walking and biking trails, this property presents a compelling investment opportunity. Additional office space, generous parking, and convenient access to major routes further enhance its versatility and appeal. Make your next investment a property that brings together character, convenience, and opportunity in the heart of Chelmsford Center.