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573-575 Washington Ave, Chelsea MA 02150

Chelsea, MA 02150
$897,000
Est. $5,445/month
5
Beds
3
Baths
2,218
Sq Ft
$404
Price/Sq Ft
0.09
Acres
1932
Year Built
1
Parking
22
Days on Market
Active Listed Jun 16, 2026 • MLS# 73536711 Copied! • Updated Jun 20, 2026

About this home

Discover this well-maintained two-family home offering an excellent opportunity for both owner-occupants and investors. Located in Chelsea's highly desirable Prattville neighborhood, this property features separate utilities, gas heat, and 100-amp electrical service for each unit. Enjoy hardwood floors, functional layouts, a welcoming front porch, and a spacious enclosed deck perfect for relaxing or entertaining. Additional highlights include a private yard, workshop area, and a full basement with ample storage. The washer and dryer in the basement will remain with the property. Off-street parking is available, and the location offers convenient access to public transportation, Route 1, shopping, restaurants, and local amenities. Whether you're seeking rental income, multi-generational living, or a place to call home while building equity, this property checks all the boxes. Schedule your showing today and discover all that this exceptional Prattville opportunity has to offer.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2%
Price Range

Property Timeline

Price Increased
Jun 16, 2026
$897,000 +$18,000 (+2.05%)
From $879,000 to $897,000 (+2.0%)
🏠
Listed for Sale
Jun 16, 2026
$879,000
Original listing
Agent: Madelyn Garcia Office: Madelyn Garcia Real Estate

Tax History

Year Taxes Assessment
2026 $8,515 $741,700

Financial Details

Annual Property Tax
$8,515
Tax Year 2026
Assessed Value
$741,700

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1932
Living Area 2,218 sq ft
Lot Size 0.09 acres
Bedrooms 5
Full Baths 3
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent $2,300/mo · N
Unit 2 Rent $3,400/mo · N
Total Monthly Rent $5,700/mo
Gross Income $68,400
Net Operating Income $68,400
Cap Rate 7.63%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Interior Entry, Sump Pump, Concrete
Laundry Washer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed
Features Paved Drive, Off Street, Tandem
Total Spaces 1
Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other Washer Hookup

Financial

Annual Tax $8,515
Assessed Value $741,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Lead Compliance Documentation For The First-floor Unit Is Attached In The Mls Paperclip. Lead Compliance Status For The Second-floor Unit Is Unknown.
Possession None
Accepted Financing Seller W/participate
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1932
Bedrooms
5
Full Bathrooms
3
Living Area
2,218 sq ft
Total Rooms
11
Stories
2
Levels
2

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
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Interior Entry, Sump Pump, Concrete
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1932
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 2

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved Drive, Off Street, Tandem

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 $710
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

573-575 Washington Ave, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Madelyn Garcia
Listing Office Madelyn Garcia Real Estate
Office Phone 617-889-4800
Agent MLS ID BB301558
Office MLS ID BB3163
Listing Data Updated Jun 20, 2026 3:05 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

Steven Novak

BMN Boston Real Estate

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