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INVESTMENT SNAPSHOT
About this property
The property is consists five condominiums within a five unit HOA. 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 property can be delivered to the buyer as an apartment building: at buyer's option, the Seller will revoke the HOA prior to closing. 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.
Property details
| Units | 5 |
| Living area | 4,357 sqft |
| Lot size | 4,617 sqft |
| Year built | 1970 |
| Price / sqft | $425 |
| County | Suffolk |
| MLS # | 73576991 |
Listing status
| Days on market | 0 days |
| Listed on | September 14, 2026 |
Taxes & financials
| Annual property tax | $14,800 |
| Tax year | 2026 |
| Assessed value | $1,278,600 |
| Zoning | R1 |
| Gross income (actual) | $144,500/yr |
| Net operating income (actual) | $100,000/yr |
| Total actual rent | $6,635/mo |
| Electric expense | $800/yr |
| Insurance expense | $5,000/yr |
Building & lot
| Stories | 6 |
| Total rooms | 20 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Off Street, Assigned |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Brick |
| Flooring | Varies, Hardwood |
Utilities & systems
| Heating | Central, Baseboard, Natural Gas, Unit Control, Electric |
| Cooling | Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range |
| Appliances | Washer, Dryer, Range, Disposal, Microwave, Refrigerator, Range Hood, Dishwasher |
Location
More about investing in Chelsea →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 65 Woodlawn Avenue, Chelsea MA 02150 have?
It is a 5-unit multi-family property with 4,357 sqft of living area, built in 1970.
How long has 65 Woodlawn Avenue, Chelsea MA 02150 been on the market?
65 Woodlawn Avenue, Chelsea MA 02150 has been listed for 0 days (since September 14, 2026).
What is the price per unit?
At a list price of $1,850,000 across 5 units, that works out to roughly $370,000 per unit.
What are the property taxes on 65 Woodlawn Avenue, Chelsea MA 02150?
Annual property taxes are $14,800 (2026), on an assessed value of $1,278,600.
What is the price per square foot?
At $1,850,000 for 4,357 sqft, that's about $425 per square foot.
Is there parking?
5 total parking spaces (off street, assigned).
Where is this property located?
65 Woodlawn Avenue, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.
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