Welcome to 296 Washington Avenue, Chelsea! An excellent opportunity to own a vacant, legal three-family property offering solid construction and tremendous potential. Built in 1980, this well-built property features generous ceiling heights and an abundance of off-street parking, making it an attractive opportunity for both investors and owner-occupants. The property also offers potential for future expansion, subject to all necessary approvals and permits. Conveniently located near Route 16, with easy access to major highways, public transportation, shopping, and area amenities. A great opportunity to add value and maximize the potential of a multi-family property in Chelsea. Don’t miss this opportunity!
| Units | 3 |
| Living area | 3,360 sqft |
| Lot size | 5,600 sqft |
| Year built | 1980 |
| Price / sqft | $387 |
| County | Suffolk |
| MLS # | 73599307 |
| Days on market | 0 days |
| Listed on | November 5, 2026 |
| Annual property tax | $12,986 |
| Tax year | 2026 |
| Assessed value | $1,131,200 |
| Zoning | R3 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.13 acres |
| Garage spaces | 2 |
| Parking spaces | 11 |
| Parking | Paved Drive, Off Street |
| Basement | Partial |
| Foundation | Block |
| Sewer | Public Sewer |
| Water | Public |
More about investing in Chelsea →
Listing courtesy of Colarusso Realty — Alexander Colarusso. Listing data © MLS PIN.
Answered from the listing data and public map data.
It is a 3-unit multi-family property with 3,360 sqft of living area, built in 1980.
296 Washington Ave, Chelsea MA 02150 has been listed for 0 days (since November 5, 2026).
At a list price of $1,299,000 across 3 units, that works out to roughly $433,000 per unit.
Annual property taxes are $12,986 (2026), on an assessed value of $1,131,200.
At $1,299,000 for 3,360 sqft, that's about $387 per square foot.
2 garage spaces and 11 total parking spaces (paved drive, off street).
296 Washington Ave, Chelsea MA 02150 is in Chelsea, Suffolk County, MA 02150.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.