$995,000
465 Chapel St
Lee, MA 01238
MLS# 249582
10 beds  |  9 baths  |  5690 sqft


Front yard
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Front yard Main Profile Beautiful Landscaping BC7E0B18-E577-4739-B44E-D26555ACE0E7_4_5 Extra lot Apt.1 bedroom Apt.1 Kitchen Apt.1 Bathroom Apt.1 Apt. 1 pano HRUnit 1 -1 HRUnit 1 -2 HRUnit 1 -3 HRUnit 1 -4 HRUnit 1 -5 HRUnit 2-1 HRUnit 2-2 HRUnit 2-3 Stairwell HRUnit 3-1 HRUnit 3-2 HRUnit 3-3 HRUnit 3-4 HRUnit 4-1 HRUnit 4-2 Apt 5 pano Main Stairwell Apt. 5 bay window Apt.5 kitchen3 Apt.5 kitchen 2 Apt.5 kitchen HRUnit 5-1 HRUnit 5-2 HRUnit 5-3 HRUnit 5-4 HRUnit 6-1 HRUnit 6-2 HRUnit 6-3 HRUnit 6-4 HRUnit 6-5 HRUnit 6-6 Apt. 7 Apt. 7 Apt. 7 kitchen Apt. 7 Apt.7 HRUnit 7-1 HRUnit 7-2 HRUnit 7-3 HRUnit 7-4 HRUnit 7-5 HRUnit 8-1 Stairwell HRUnit 8-2 HRUnit 8-3 HRUnit 9-1 HRUnit 9-2 HRUnit 9-3 HRUnit 9-4 HRUnit 9-5 HRUnit 9-6 HRUnit 9-7 HRDSC00130 HRDSC00135 HRDSC00138

Property Description
For Sale: 9-Unit Victorian Investment Property - Prime South County Location This is an exceptional opportunity to own a fully occupied, income-producing Victorian multifamily property set on 2.5 beautifully landscaped acres in a highly desirable South County location. Combining classic charm with strong rental performance, this property is ideal for investors seeking both stability and long-term potential-MLS listing only displays 8 units. Please see rent roll under documents. The building features a total of nine residential units, thoughtfully configured to attract a diverse tenant base. There are two efficiency one-bedroom units, one spacious two-bedroom unit, and six standard one-bedroom units, each offering a comfortable layout with a living room and full kitchen.

Details
Maps
Documents
Contract Information
Current Price: $995,000
Status: Active
List Date: 2026-05-09
Accessory Dwelling Unit: No
List Price: $995,000
Original List Price: 995000
Limited Service: No
Agent Interest: None
Location, Tax & Legal
Registry: Middle Registry
Street #: 465
Street Name: Chapel
Street Ext: St
State/Province: MA
Postal Code: 01238
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
Building Info
Exterior Color: Beige
Electric Type
100 AMP (# of Units): 9
Heating Sys #
Heating Sys #: 1
Hot Wtr Sys #
Hot Wtr Sys#: 1
Electric Meters #
Electric Meters #: 1
Status Change Info
Status Change Date: 2026-05-19
Property Features
No of Units: 9 or More
Restrict Covenants: No
Title V: Not Applicable
Underground Oil Tank: Unk
Water: Public
Sewer: Public
Right to Farm Comm: Yes
Flood Hazard Area: Unk
Right of Way: Unk
Incl in Rent: Electric; Heat; Hot Water; Parking; Trash Removal
Style: Victorian
Exterior Amenities: Outbuilding; Trash Private
Construction: 2x6 Walls; Wood Frame
Exterior Siding: Vinyl
Roof: Asphalt
Basement: Bulk head; Concrete Floor; Interior Access; Unfinished; Exterior Entrance
Floor: Linoleum; Wood
Garage: None
Fuel: Nat Gas
Hot Water: Nat Gas
Laundry: Coin Op; In Basement
Lead Paint: Yes
Zoning: Residential
Seller Disc: No
Mandatory HOA: No
Possession: Close Of Escrow
Supplements
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 Office: STONE HOUSE PROPERTIES, LLC
Listing Agent: Timothy Gallagher

Last Updated: June - 09 - 2026

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