
152 Wellman Ave. #152 Chelmsford — Photo 1 of 42
$435,000
Investment Analysis — 152 Wellman Ave. #152
Chelmsford, MA 01863
Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 2-bedroom in 01863 carries an estimated $2,230/mo in gross rent — about a 1.98% cap rate and $8,616/yr in estimated NOI at the $435,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,187
Style
Condominium
Built
1985
There’s a lot to enjoy about life at Williamsburg I, beginning with this move-in ready spacious duplex-style Colonial that feels more like a home than a typical condo. Offering living space on three levels, this unit combines a comfortable layout with a setting close to the Merrimack River and an impressive variety of recreational amenities. Hardwood floors add warmth to the dining room and sunken living room, while the kitchen features Corian counters and a peninsula. The dining area opens to a deck, a great spot for outdoor dining, morning coffee, or simply enjoying some fresh air. Upstairs are two generously sized bedrooms and a full bath with laundry hookups, offering the option to relocate the washer and dryer from their current basement location. The finished lower level adds valuable flexibility for a family room, home office, exercise space, hobbies or other uses, while still providing ample storage. Outside, Williamsburg I offers two swimming pools, tennis courts and scenic trails along the Merrimack River that can also be enjoyed for cross-country skiing and snowshoeing in winter. An informal path from the complex provides a convenient connection to the softball fields and playground at Southwell Park, expanding the outdoor recreation options nearby. The community is conveniently located near North Chelmsford’s Vinal Square, with restaurants, shops and everyday conveniences nearby, along with easy access to major routes and surrounding communities. A wonderful combination of space, amenities, recreation and a distinctive riverside setting. Welcome home! / [Per condominium governing documents: Rentals permitted; initial lease term must be at least 6 months and lease must be in writing (Master Deed, pp. 5–6). Pets require prior written Board approval and registration with management (Rules & Regulations, §22, pp. 31–32). Buyer/buyer agent to review all condominium documents for complete terms, restrictions, and requirements.] / Video: https://tours.madorephotography.com/HYmTfJBk
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.
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Interior Specifications
Climate & Utilities
Building & Exterior
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Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Chair Rail, Exterior Access, Sunken
Dining Room
Lvl Main,FirstFlooring - Hardwood, Chair Rail, Deck - Exterior, Lighting - Overhead
Kitchen
Lvl Main,FirstFlooring - Stone/Ceramic Tile, Peninsula, Lighting - Overhead
Family Room
Lvl BasementFlooring - Wall to Wall Carpet, Lighting - Overhead
Master Bedroom
Lvl SecondFlooring - Wall to Wall Carpet, Closet - Double
Bedroom 2
Lvl FirstBathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup, Lighting - Sconce
Bathroom 2
Lvl Main,FirstBathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Property History
$435,000
Sep 9, 2026
MLS® 73573723
$445,000
Jun 9, 2026
MLS® 73484191
$445,000
Mar 9, 2026
MLS® 73484191
Listing Agent: Angela Caputo Griswold
Listing Office: ERA Key Realty Services
MLS® Number: 73573723
