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$995,000
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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. 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. The property is currently fully occupied, providing immediate and consistent rental inco Its 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.
Full Property Details
Full Property Details for 465 Chapel St
General
- Price: $995,000
- Taxes: $8,741 (2025)
- Status: Active
- Type: Multi-Family
- Source: 1109
- MLS ID: 249582
- Updated: 5/19/2026
- Added to Site: 17 day(s) ago
Interior
- Flooring: Linoleum, Wood
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 9
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: In Basement, Coin Op
Exterior
- Exterior Features: Trash Private, Outbuilding
Parking
- Parking Features: Garaged
Location
- Area: Middle Registry
Heating & Cooling
- Heating Type: Nat Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Roof: Asphalt
- Square Feet: 5,690
- Year Built: 1880
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Lot Dimensions: 108900
- Zoning: Residential
Financial Considerations
- Tax Amount: $8,741
- Tax Year: 2025
Listed by Stone House Properties, Llc, Timothy Gallagher
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Schools
Schools serving 465 Chapel St
School District:Lee School District
| Name | Grades | Distance |
|---|---|---|
Lee Elementary School 310 Greylock Street, Lee, MA 01238 | PK-6 | 1.1 mi |
Lee Middle/High School 300 Greylock Street, Lee, MA 01238 | 7-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 465 Chapel St
Date
Details
Price
Change
Source
5/09/2026
Listed
$995,000
73.04%
MLS
7/31/2014
Sold
$575,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 465 Chapel St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,741
8%
$777,000
8%
2024
$8,058
1%
$716,900
6%
2023
$7,971
-4%
$673,800
11%
2022
$8,310
-1%
$608,800
7%
2021
$8,368
-1%
$570,000
-1%
2020
$8,473
2%
$577,200
2%
2018
$8,304
2%
$567,600
3%
2017
$8,142
1%
$553,100
—
2016
$8,023
10%
$551,000
6%
2015
$7,320
3%
$519,900
4%
2014
$7,088
—
$500,900
—
2013
$7,058
—
$500,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 465 Chapel St
465 Chapel St, Lee, MA 01238 (MLS# 249582) is a Multi-Family property with 9 units containing 10 bedrooms and 9 full bathrooms. 465 Chapel St is currently listed for $995,000 and was received on May 09, 2026. Want to learn more about 465 Chapel St? Do you have questions about finding other Multi-Family real estate for sale in Lee? You can browse all Lee real estate or contact a Coldwell Banker agent to request more information.

