
505 Washington #46 Chelsea — Photo 1 of 10
$389,000
Investment Analysis — 505 Washington #46
Chelsea, MA 02150
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02150 carries an estimated $2,630/mo in gross rent — about a 3.89% cap rate and $15,116/yr in estimated NOI at the $389,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
960
Style
Condominium
Built
1970
Welcome to exceptional value in Chelsea! This fully renovated, move-in-ready condominium offers comfortable, modern living with an easy commute to Boston. Ideally situated on the fourth floor, this bright and private 960 sq. ft. home features two bedrooms, one full bathroom, and one half bathroom—an ideal layout for a variety of lifestyles.Step inside to discover a thoughtfully updated interior with a brand-new kitchen featuring modern cabinetry, granite countertops, and new appliances. Both bathrooms have been beautifully refreshed with new fixtures, including a new tub. New vinyl flooring throughout adds a fresh, contemporary feel and makes this home truly turnkey—there is nothing left to do but move in and enjoy!Conveniently located near major routes, public transportation, shopping, restaurants, and everyday amenities, this home combines convenience with city living and easy access to Boston. With its extensive renovations, desirable location, and major price improvement, this is an excellent opportunity to own a beautifully updated home in Chelsea. Don't miss it! Schedule your private showing.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • Public School
Geography
Property History
$389,000
Sep 14, 2026
MLS® 73576618
$389,000
Jul 10, 2026
MLS® 73470833
$389,000
Jan 21, 2026
MLS® 73470833
Listing Agent: Maja Juric
Listing Office: United Brokers
MLS® Number: 73576618