Developments > Park and Pearl
TND intends to acquire the Park & Pearl portfolio, consisting of three (3) three-story occupied multifamily apartment buildings containing 30 total rental units located at 155 Pearl Street (also known as 148 Park Street), 156-160 Park Street, and 161-165 Park Street, Chelsea, MA 02150. The buildings are roughly adjacent to each other and are well located in Chelsea’s historic Bellingham Square neighborhood just east of Route 1 and the Tobin Bridge. The portfolio consists of four (4) 3-bedroom/1-bath units, 17 2-bedroom/1-bath units, and nine (9) 1-bedroom/1-bath units with 24,219 total square feet of living area on a combined 0.24-acres of land. The three buildings were constructed in the early 1900s.
Park and Pearl
Project at a Glance:
Location:
Chelsea
Sponsor:
The Neighborhood Developers, Inc
Number of Units:
30
TND intends to acquire the Park & Pearl portfolio, consisting of three (3) three-story occupied multifamily apartment buildings containing 30 total rental units located at 155 Pearl Street (also known as 148 Park Street), 156-160 Park Street, and 161-165 Park Street, Chelsea, MA 02150. The buildings are roughly adjacent to each other and are well located in Chelsea’s historic Bellingham Square neighborhood just east of Route 1 and the Tobin Bridge. The portfolio consists of four (4) 3-bedroom/1-bath units, 17 2-bedroom/1-bath units, and nine (9) 1-bedroom/1-bath units with 24,219 total square feet of living area on a combined 0.24-acres of land. The three buildings were constructed in the early 1900s.