65 Woodlawn Avenue, Chelsea MA 02150

Chelsea, MA 02150 • Prattville
$1,850,000
$1,750,000
Est. $10,282/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
5
Baths
4,357
Sq Ft
$402
Price/Sq Ft
0.11
Acres
1970
Year Built
5
Parking
20
Days on Market
For Sale Price Drop -$100,000 Listed Sep 14, 2026 • MLS# 73576991 Copied! • Updated Sep 28, 2026

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About this home

The property consists five condominiums within a five unit HOA. (5 of 5) This condominium structure provides significant upside potential should the buyer wish to sell them individually shortly after closing, or at some point in the future. The "conversion" has already been done. Because the Buyer will own 100% of the condominiums, it can be operated as an apartment building. The best of both worlds. If the Buyer prefers, the HOA can be revoked prior to closing, and the property can be delivered to the buyer as an apartment building. Three of the five condominiums have seen significant improvement since original construction. See photos of each condominium. Four of the condominiums have large walk-in storage closets at the 3rd level. See floor plans with the Documents tab. This property has been owned, professionally managed, and maintained for more than forty years by Mastrocola Management. Inspect it. It will be obvious that it has been well cared for.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5.4%
Price Range

Property Timeline

↓
Price Reduced
Sep 24, 2026
$1,750,000 $100,000 (-5.41%)
From $1,850,000 to $1,750,000 (-5.4%)
🏠
Listed for Sale
Sep 14, 2026
$1,850,000
Original listing
Agent: Frank Mastrocola Office: Mastrocola Management, Inc.

Tax History

Year Taxes Assessment
2026 $14,800 $1,278,600

Financial Details

Annual Property Tax
$14,800
Tax Year 2026
Assessed Value
$1,278,600

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1970
Living Area 4,357 sq ft
Lot Size 0.11 acres
Stories 6
Bedrooms 9
Full Baths 5
Total Rooms 20

Investment Metrics

Units 5
Unit 1 Rent $2,100/mo · Y
Unit 2 Rent — · N
Unit 3 Rent $2,285/mo · Y
Unit 4 Rent $2,250/mo · Y
Total Monthly Rent $6,635/mo
Gross Income $144,500
Net Operating Income $100,000
Operating Expenses $44,200
Water/Sewer Expense $5,000
Electric Expense $800
Insurance Expense $5,000
Cap Rate 5.71%
Heating Central, Baseboard, Natural Gas, Unit Control, Electric
Cooling Wall Unit(s)
Flooring Varies, Hardwood
Appliances Washer, Dryer, Range, Disposal, Microwave, Refrigerator, Range Hood, Dishwasher
Fireplace None
Basement None
Laundry None
Features Laundry Room, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Living Rm/dining Rm Combo, Living Room, Dining Room
Construction Brick
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch None
Features Off Street, Assigned
Total Spaces 5
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $14,800
Assessed Value $1,278,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None
Seller Disclosures The Listing Broker And Manager Of The Llc Which Owns The Property. Broker And Owner Are Related. See Lead Paint And Other Disclosures In Documents Attached.
Exclusions Reserve Funds Will Not Be Transferred. No Reserve Account Exists Given 100% Ownership Of All Condos.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Total SF is the sum of the SF of five condominiums. All room dimensions are approximate.
Documents None
County Suffolk
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1970
Bedrooms
9
Full Bathrooms
5
Living Area
4,357 sq ft
Total Rooms
20
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Varies, Hardwood
Appliances: Washer, Dryer, Range, Disposal, Microwave, Refrigerator, Range Hood, Dishwasher
Interior Features: Laundry Room, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room
Windows: Insulated Windows
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials: Brick
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 6

Heating, Cooling & Utilities

Heating: Central, Baseboard, Natural Gas, Unit Control, Electric
Heating Zones: 5
Cooling: Wall Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Frontage: 45.00 ft
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Off Street, Assigned
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
Chelsea Virtual Learning Academy
1.1 mi
38 students Less Diverse
College Ready Curriculum
Grades K-12
St. Rose Elementary School
1.3 mi
Grades PK-08
B+
William A Berkowitz Elementary School
1.2 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
1.2 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
1.2 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
1.2 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
Shurtleff Early Childhood School
1.7 mi
769 students Less Diverse
Grades PK-01
M

Middle Schools

3 schools
D
Clark Avenue School
1.2 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
1.4 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
1.4 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
1.8 mi
Grades 07-12
C
Chelsea Opportunity Academy
1.0 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
1.0 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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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,233
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Total principal paid $0
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

Prattville

65 Woodlawn Avenue, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Frank Mastrocola
Listing Office Mastrocola Management, Inc.
Office Phone 781-396-1010
Agent MLS ID BB921615
Office MLS ID BB9949
Listing Data Updated Sep 28, 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.

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Steve Novak Real Estate
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