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573-575 Washington Ave, Chelsea MA 02150

Active

573-575 Washington Ave, Chelsea MA 02150

$897,000

Estimated $2,164/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $448,500

Total Rent: 68400/year

Estimated CAP Rate:

5 Bedrooms

Baths

2218

Total Parking: 1

3,882 (0.09)

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.

This home has been viewed 5 times

Last Checked: June 20th, 2026 at 4:43pm (Source: MLS PIN #73536711)

Gross Income: $68,400

Gross Expenses: $8,515

Net Income Calc: $59,885

Annual Expenses for 573-575 Washington Ave, Chelsea MA 02150

Total Gross Expenses (Calculated)$8,515/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8515

Annual Income & Unit Breakdown for 573-575 Washington Ave, Chelsea MA 02150

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 573-575 Washington Ave, Chelsea MA 02150

Listing ID73536711

Property TypeMulti Family

Price897000 ($404.42/SqFt)

StyleMulti Family

CityChelsea

CountySuffolk

Neighborhood(s)

Approximate Living Area Total2218

Approximate Lot Size (Acres)0.09

Total Parking1

Garage Parking0

Year Built1932

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR1

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 573-575 Washington Ave, Chelsea MA 02150

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 573-575 Washington Ave, Chelsea MA 02150

Real Estate Taxes8515

Tax Year2026

Assessed Value$741,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 573-575 Washington Ave, Chelsea MA 02150

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 573-575 Washington Ave, Chelsea MA 02150

Agent

Name: Madelyn Garcia

Office

Name: Madelyn Garcia Real Estate

Phone: 617-889-4800

Payment Calculator

, Interest

Property Taxes 709.58

Principal & Interest 5527.03

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Madelyn Garcia Real Estate

Madelyn Garcia

Agent Phone

Office Phone

(617) 889-4800

Text Agent Call Agent Call Office

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    [unparsed] => 573-575 Washington Ave, Chelsea MA 02150
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EXIT

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