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!
Addison-Orange, located between Broadway and the Chelsea Creek waterfront, is a residential and industrial Chelsea neighborhood with compact triple-deckers and working-port edges. The neighborhood’s character concentrates around Broadway near City Hall Avenue, where corner bodegas, taquerias, and small service storefronts keep the sidewalks in motion. Brick warehouses and light-industrial buildings sit alongside tight blocks of wood-frame homes, giving the streetscape a practical, lived-in rhythm. Chelsea Square’s civic buildings and plazas set a formal counterpoint to the creekside infrastructure. The Chelsea Riverwalk traces the waterline with benches and views of passing ships. Mary O’Malley Park adds a green pause near the bridge approaches.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Bathrooms
3 full bathrooms
Exterior features
Public road frontage
Home design
Three-family property
Three stories
Parking
Two-car garage
9 open parking spaces
Paved off-street parking
Construction
Block foundation
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
The purpose of the R2 district is to provide an area for multifamily dwellings and associated uses.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Fire house
Police station
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Chelsea, MA • 02150
Average low and high temperatures (°F)
34
22
37
24
51
34
58
42
68
52
79
63
83
68
78
63
73
60
63
50
53
40
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Chelsea. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 296 Washington Ave
$1,235,921
$63K under list price of $1.30M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $850K to $1.1M.