240 MARGINAL ST
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Location
240 MARGINAL ST
Mblu
13/ / 75/ /
Acct#
15430022
Owner
MARGINAL STREET LLC
Total Market Value
$5,146,000
PID
113
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$3,612,600$1,533,400$5,146,000

Owner of Record
OwnerMARGINAL STREET LLC
Co-Owner
Address240 MARGINAL ST
CHELSEA, MA 02150
Sale Price$1
Certificate
Book & Page 22885/0261
Sale Date09/09/1998
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MARGINAL STREET LLC$1 22885/02611B09/09/1998
CARBONE PETER & RITA TRUSTEES$0  /0000  

Building Information
Building 1 : Section 1
Year Built: 1950
Living Area: 41,812
Replacement Cost: $5,638,637
Building Percent Good: 64
Replacement Cost
Less Depreciation:
$3,608,700
Building Attributes
FieldDescription
Style:Heavy Indust
ModelIndustrial
GradeAverage
Stories:1 Story
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
Systems Stat 
Residential Units 
1st Floor Use:4000
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall0.00
Commercial Units 
# Open parking spaces 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 41,812 41,812
CLPLoading Platform, Finished 2,865 0
USTUtility, Storage, Unfinished 420 0
   45,097 41,812

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
MEZ1MEZZANINE-UNF6480.00 S.F.$66,8001

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
ZoneINDUST
Neighborhood3030
Alt Land ApprNo
Category
Land Line Valuation
Size (Sqr Feet)87324
Frontage0
Total Market Land$1,533,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PAV1PAVING-ASPHALT  3000.00 S.F.$3,8001
FN4FENCE-8' CHAIN  700.00 L.F.$7,7001
SHD1SHED FRAME  336.00 S.F.$3,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$3,306,600$1,460,900$4,767,500
2024$2,992,500$1,391,100$4,383,600
2023$2,616,100$1,391,100$4,007,200

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