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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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65 Woodlawn Ave , Chelsea, MA 02150
$1,850,000
Est. Payment: $4,111.11/mo
9 Bed
5 Bath
4357 Sqft
Status: New | Days on site: 3
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House 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.

Highlights

Listed by Frank Mastrocola , 617-387-5070 Mastrocola Management, Inc. , 781-396-1010.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1970

County

Suffolk

Area

Prattville

Listing ID

73576991

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Washer, Dryer, Range, Disposal, Microwave, Refrigerator, Range Hood, Dishwasher
Air Cond:Wall Unit(s)
Fireplaces:
Floor:Varies,Hardwood
Other:
  • Additional:Laundry Room, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room
Water:Public

Exterior Features

Garage Capacity:5
Zoning:R1
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Off Street,Assigned,Parking Spaces: 5
Principal Interest
$4,111
Taxes
$1,233

Home Price

$1,850,000

Loan Details

30 yrs
%

Down Payment

20%
$370,000
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Monthly Price:
$4,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,111.11 $1,233.33 $0.00 $5,344.44
Yearly $49,333.33 $14,800.00 $0.00 $64,133.33
Total $1,480,000.00 $444,000.00 $0.00 $1,924,000.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Chelsea, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.