Active
2 Days on market
65 Woodlawn Avenue Chelsea — Photo 1 of 42

65 Woodlawn Avenue Chelsea — Photo 1 of 42

$1,850,000

65 Woodlawn Avenue, Chelsea, MA 02150

Chelsea, MA 02150 — Prattville

Investor Analysis

Beds

9

Baths

5

SqFt

4,357

Style

5-9 Family

Built

1970

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$425/sqft
Local Avg (Chelsea)$353/sqft
20% AboveMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Chelsea, MA.

Property Details

Financials

Original Price$1,850,000
Annual Taxes$14,800

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms20
FireplacesNone
FlooringVaries, Hardwood
BasementNone

Climate & Utilities

HeatingCentral, Baseboard, Natural Gas, Unit Control, Electric
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.11
SqFt Lot4,617
Lot Features--

Amenities & Appliances

Washer • Dryer • Range • Disposal • Microwave • Refrigerator • Range Hood • Dishwasher

Neighborhood

Public Transportation • Park • Highway Access • Sidewalks

Geography

Population

39,908

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$72K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

74.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Frank Mastrocola

Listing Office: Mastrocola Management, Inc.

MLS® Number: 73576991

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