128 Washington Ave., Chelsea MA 02150
Chelsea, MA 02150
$825,000
$819,000
Est. $4,949/month
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About this home
Turnkey 2-family, 4-story classic brick Brownstone offering strong income potential. This renovated property features two spacious duplex units with separate utilities, making it ideal for investors or owner-occupants. Unit 1 is a 2-bedroom duplex with an open-concept living, dining, and kitchen area, hardwood floors, in-unit laundry, storage, and direct access to a private fenced backyard with a separate entrance.Unit 2 is a spacious 3-bedroom duplex featuring an open living room/kitchen layout, soaring ceilings, oversized windows providing abundant natural light, generous closet space, and large bedrooms. Some bedrooms utilize armoires/dressers in place of built-in closets.Flexible occupancy options available. Unit 2 will be delivered, vacant, or with one unit occupied and one vacant if an offer is accepted promptly.Major improvements include a new roof, two high-efficiency Navien/Burham heating systems, new electrical panel, newer water heaters, professional asbestos removal, rebuilt code-compliant railings, masonry repointing, new fascia and flashing, updated flooring, and fresh paint. A true turnkey investment with major capital improvements already completed, separate utilities, low-maintenance ownership, and excellent cash flow potential.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
0.7%
Price Range
Property Timeline
Price Reduced
Jul 31, 2026
$819,000
$6,000
(-0.73%)
From $825,000 to $819,000 (-0.7%)
Listed for Sale
Jul 22, 2026
$825,000
Original listing
Agent: Jhonny Guananga
Office: Carlton's Wharf & Co.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/31/2026 | ↓ Price Reduced | $819,000 | $6,000 | - | From $825,000 to $819,000 (-0.7%) |
| 07/22/2026 | 🏠 Listed for Sale | $825,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,297 | $635,600 |
Financial Details
Annual Property Tax
$7,297
Tax Year 2026
Assessed Value
$635,600
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,112 sq ft
Lot Size
0.03 acres
Bedrooms
5
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$2,350/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$2,350/mo
Gross Income
$61,800
Net Operating Income
$61,800
Cap Rate
7.55%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile, Varies
Appliances
None
Fireplace
None
Basement
Full, Partially Finished
Laundry
None
Features
None
Exterior
Construction
Frame, Brick
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
Fenced/enclosed
Patio/Porch
Patio - Enclosed
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$7,297
Assessed Value
$635,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Owner Never Lived At The Property. Lower Level Living Square Footage Is Above Grade And Has A Full Walk Out To The Back. Total Of 4 Floors Of Living Space. Unit 2 To Be Delivered Vacant
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
Per city of Chelsea Assessment, first level is a full walk out to the rear
Documents
None
County
Suffolk
Total market time (incl. prior listings)
14 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,112 sq ft
Total Rooms
9
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,112 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPatio - Enclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Varies
Appliances:
Interior Features:
Windows:
Basement:
Full, Partially Finished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame, Brick
Roof:
Rubber
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas, Tank, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Patio - Enclosed
Fencing:
Fenced/Enclosed
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$608
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
128 Washington Ave., Chelsea MA 02150
Chelsea, MA 02150
Listing Information
Listing Agent
Jhonny Guananga
Listing Office
Carlton's Wharf & Co.
Office Phone
617-418-5222
Agent MLS ID
CN213539
Office MLS ID
AN2814
Listing Data Updated
Aug 5, 2026 2:51 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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