128 Washington Ave., Chelsea MA 02150

Chelsea, MA 02150
$825,000
Est. $4,980/month
5
Beds
2
Baths
2,112
Sq Ft
$391
Price/Sq Ft
0.03
Acres
1900
Year Built
15 hours 8 minutes
Time on Market
Active Open House Listed Jul 22, 2026 • MLS# 73553518 Copied! • Updated Jul 23, 2026

Open House Schedule

25
Jul
Saturday, July 25
12:00 PM - 2:00 PM EDT

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 can be delivered occupied, vacant, or with one unit occupied and one vacant if an offer is accepted promptly.Major improvements include a new roof, two new 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

Property Timeline

🏠
Listed for Sale
Jul 22, 2026
$825,000
Original listing
Agent: Jhonny Guananga Office: Carlton's Wharf & Co.

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 $2,800/mo · N
Total Monthly Rent $5,150/mo
Gross Income $61,800
Net Operating Income $61,800
Cap Rate 7.49%
Heating None
Cooling None
Flooring Wood, Tile, Varies
Appliances None
Fireplace None
Basement Full, Partially Finished
Laundry None
Features None
Construction Frame, Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Patio - Enclosed
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,297
Assessed Value $635,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
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
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) 1 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

Interest
Principal
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 Jul 23, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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