Just over the Tobin sits this classic brick 2-family offering 2,112 SF across 4 levels, one rented unit and one vacant unit. For an owner-occupant, the numbers actually work—move into the vacant unit and let Unit 1’s $2,350/month rent help offset the mortgage. Unit 1: rented at $2,350/mo, 2BR/1BA over 2 levels with hardwood floors, in-unit laundry, storage and direct access to a private fenced backyard. Unit 2: vacant and move-in ready, 3BR*/1BA across 3 levels with SOARING CEILINGS, oversized windows, exposed brick, UPDATED kitchen, NEW APPLIANCES and laundry hookups. Major improvements include NEWER ROOF, heating systems & WATER HEATERS, plus electrical, masonry, railing, fascia/flashing and flooring updates. Separate utilities. John Ruiz Park across the street; Mystic Mall puts Market Basket, Home Goods and TJ Maxx within easy reach, while local favorites Chelsea Station Restaurant Bar & Lounge, Ciao! Pizza & Pasta &Katz Bagel Bakery all nearby. Craving steak tips? New Bridge Café just down the street. 111 bus service outside the front door that goes to Haymarket & Government Center. Chelsea MBTA Commuter Rail nearby. Bellingham Square T stop and the SL3 offer direct service to South Station, with continued public investment reshaping the Broadway corridor. Boston access without the Boston price tag—and plenty of Chelsea flavor along the way. Unit 1 is occupied & to be seen at open houses. Open houses on Friday, September 18th from 6:30pm - 7:30pm and Saturday, September 19th from 11:30am - 1pm. Offers due 9/22 at 10am.
This home has been viewed 5 times
Last Checked: September 20th, 2026 at 7:58pm (Source: MLS PIN #73578321)
Gross Income: $28,200
Gross Expenses: $7,297
Net Income Calc: $20,903
Water Views
Annual Expenses for 128 Washington Avenue, Chelsea MA 02150
Total Gross Expenses (Calculated)$7,297/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7297
Annual Income & Unit Breakdown for 128 Washington Avenue, Chelsea MA 02150
Total Gross Income (Calculated)$28,200
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit3
Rent Includes
General Information for 128 Washington Avenue, Chelsea MA 02150
Listing ID73578321
Property TypeMulti Family
Price769900 ($364.54/SqFt)
StyleMulti Family
CityChelsea
CountySuffolk
MLS AreaBellingham Square
Neighborhood(s)
Approximate Living Area Total2112
Approximate Lot Size (Acres)0.03
Total Parking0
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic,individual Meter
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 128 Washington Avenue, Chelsea MA 02150
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOwner
ExclusionsWasher & Dryer Are Negotiable
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 128 Washington Avenue, Chelsea MA 02150
Real Estate Taxes7297
Tax Year2026
Assessed Value$635,600
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 128 Washington Avenue, Chelsea MA 02150
Neighborhood(s)
MLS AreaBellingham Square
Area AmenitiesWalk/jog Trails
Contact Information for 128 Washington Avenue, Chelsea MA 02150