Active
3 Days on market
278 Wellman Ave #278 Chelmsford — Photo 1 of 42

278 Wellman Ave #278 Chelmsford — Photo 1 of 42

$495,000

Investment Analysis — 278 Wellman Ave #278

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 1.59% cap rate and $7,883/yr in estimated NOI at the $495,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

1,660

Style

Condominium

Built

1985

Welcome to 278 Wellman Avenue! This bright and inviting three-level colonial style townhouse offers beautiful Merrimack River views and a versatile layout designed for comfortable living and entertaining. The main living level with hardwood floors is filled with natural light and features an electric fireplace, creating a warm and welcoming gathering space. The open-concept living and dining areas flow seamlessly to a spacious deck overlooking the river—an ideal spot to enjoy your morning coffee, unwind at the end of the day, or entertain guests. The well-appointed kitchen features generous cabinet storage and updated appliances, while a convenient half bath completes the main level. Upstairs, you'll find two generously sized bedrooms and an updated full bath with laundry. The lower level offers exceptional flexibility with an additional bedroom, bonus living area, full bath, and storage—perfect for guests, a home office, family room, or extended living space. Located in the desirable Williamsburg community, residents enjoy an array of amenities including scenic riverfront walking trails, kayaking access, two swimming pools, and tennis courts. With its stunning water views, multiple levels of living space, and fantastic community amenities, this home offers a wonderful combination of comfort, versatility, and an active lifestyle. Open House Sat Sept 12 11 am to 12:30!

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$495,000
Annual Taxes$5,855
HOA Fee$550

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringFlooring - Wall to Wall Carpet
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRM

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family RoomBathroom 3
Living Room
Lvl First

21 x 12

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Dining Room
Lvl First

11 x 9

Ceiling Fan(s), Flooring - Hardwood, Slider

Kitchen
Lvl First

11 x 11

Flooring - Hardwood, Recessed Lighting, Stainless Steel Appliances

Family Room
Lvl Basement

19 x 19

Flooring - Wall to Wall Carpet, Recessed Lighting

Master Bedroom
Lvl Second

20 x 12

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

16 x 10

Bathroom 1
Lvl First

5 x 5

Bathroom - Half

Bathroom 2
Lvl Second

9 x 8

Bathroom - Full, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Bathroom 3
Lvl Basement

10 x 5

Bathroom - 3/4, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Property History

Listed
$495,000

Sep 9, 2026

MLS® 73574762

Sold
$395,000

Dec 6, 2024

MLS® 73300618

Listed
$399,000

Oct 9, 2024

MLS® 73300618

Listing Provided By

Listing Agent: Team Blue

Listing Office: ERA Key Realty Services

MLS® Number: 73574762