128 Washington Ave, Chelsea MA 02150

Chelsea, MA 02150
$725,000
5
Beds
2
Baths
2,112
Sq Ft
$343
Price/Sq Ft
0.03
Acres
1900
Year Built
58
Days on Market
Sold Listed Jan 30, 2024 • MLS# 73197770 Copied! • Updated Apr 25, 2024

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Sale Statistics

Sale Overview
Original List Price: $744,900
Final Sale Price: $725,000
Difference: $19,900 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
58
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $353
Sale $/sq ft: $343
This property sold for $343 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

The property spent 58 days on market before selling.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$343/sq ft
Area Median
$315/sq ft
Difference
+8.8%

This property sold slightly above the area median for similar homes.

About this home

2-Family, 4-Story classic brick Brownstone. Renovated and Rents for $6k/month. The numbers make sense! Both units are Duplex's. Unit #1 is 2-bedroom, 2 floors, open plan living/dining/kitchen, 2 bedrooms with hardwood floors. Storage, laundry and private back yard with separate entrance. Rents for $2700. Unit #2 is a two story 3-bedroom, living room/kitchen combo, 3 huge bedrooms. Super high ceilings, very large windows, tons of sunlight, 3 big closets. Rented for $3300. Both units pay own utilities. Both units can be delivered rented, vacant, or 1 rented/1 vacant if offer is accepted quickly. Some bedrooms do not have closets, instead dressers/armoire's. Many Updates including: new roof, 2 new Navien/Burham high efficiency heating systems, new electric panel, newer water heaters, asbestos removal, railings rebuilt to code, necessary repointing, fascia, flashing, flooring, paint all done. Turn key investment property grossing $72,000/year. The numbers make sense for phenomenal ROI.

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Recently Sold Nearby

Property History

Market Insights

24%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73578321
Full transaction history available when tracking began
🏡
Currently Listed
Sep 16, 2026
$769,900
MLS #73578321 - Active
Sold
Apr 24, 2024
$725,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Jan 30, 2024
$744,900
Original listing
Agent: David Gradus Office: Boston Realty Consultants, Inc
Previous Transaction - MLS #73142203
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 19, 2023
$585,000
MLS #73142203

Tax History

Year Taxes Assessment
2023 $5,411 $437,100

Financial Details

Annual Property Tax
$5,411
Tax Year 2023
Assessed Value
$437,100

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,112 sq ft
Lot Size 0.03 acres
Bedrooms 5
Full Baths 2
Total Rooms 7

Investment Metrics

Units 2
Unit 1 Rent $2,700/mo · Y
Unit 2 Rent $3,300/mo · Y
Total Monthly Rent $6,000/mo
Gross Income $72,000
Net Operating Income $72,000
Cap Rate 9.67%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partially Finished
Laundry None
Features None
Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,411
Assessed Value $437,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Sq Ft Disclosures Per City Assessment. First level is full walk-out to rear yard.
Documents None
County Suffolk
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,112 sq ft
Total Rooms
7
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Brick
Roof:
Foundation: Other
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:
School District
Chelsea School District local
C-
School Safety 2024-25
5.2% Above Average
2.9% Suspensions 1.7% In-School 2.3% Emergency
0.3% below state avg
E

Elementary Schools

7 schools
St. Rose Elementary School
0.2 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.5 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
Shurtleff Early Childhood School
0.6 mi
769 students Less Diverse
Grades PK-01
B+
William A Berkowitz Elementary School
0.7 mi | #287 of 825 | Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
428 students Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
0.7 mi | #409 of 825 | Score: 47.5
Improved 97 spots from last year
-10.7 below state avg
406 students Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
0.7 mi | #631 of 825 | Score: 39.4
Improved 78 spots from last year
-18.8 below state avg
430 students Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
0.7 mi | #648 of 825 | Score: 38.4
Improved 182 spots from last year
-19.8 below state avg
471 students Less Diverse
Rising School
Grades 01-04
M

Middle Schools

3 schools
D
Clark Avenue School
< 0.1 mi | #329 of 352 | Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.4 mi | #285 of 352 | Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.4 mi | #9 of 16 | Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
Seaport Academy School
1.0 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.5 mi | #294 of 346 | Score: 59.3
Same rank as last year
115 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.5 mi | #284 of 346 | Score: 43.0
Improved 24 spots from last year
-15.2 below state avg
1,532 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

128 Washington Ave, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent David Gradus
Listing Office Boston Realty Consultants, Inc
Office Phone 617-538-3530
Agent MLS ID BB807966
Office MLS ID NB2636
Listing Data Updated Apr 25, 2024 12:38 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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