65 Woodlawn Avenue, Chelsea, MA 02150
View Map
$1,850,000
5 Unit
9 Beds
5 Baths
4357 SQFT
0.11 Acre

Property Description

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 tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Amenities: Highway Access, Park, Public Transportation
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub, Storage, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Vent Hood, Washer
  • Common Heating: Central Heat, Electric, Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Space Heater

Financial

  • APOD Available: No
  • Expenses Source: Pro. Forma Available
  • Gross Operating Income: 144500
  • Gross Expenses: 44200
  • Electric Expenses: 800
  • Water/Sewer: 5000
  • INSC: 5000
  • Repairs & Maintenance: 8000
  • RFS: 2400
  • Management Fee: 4000
  • Net Operating Income: 100000

Utilities

  • Heat Zones: 5
  • Electric Info: Individually Metered
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: Chels

Unit 1 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1970
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73576991
  • Last Updated: 09/18/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/18/2026Active$1,850,000$425MLSPIN
09/14/2026New$1,850,000$425MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Frank Mastrocola, Mastrocola Management, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-09-18 03:05:00

Related Properties