116-118 Cottage St Save Request In-Person Tour Request Virtual Tour
Chelsea,MA 02150
Key Details
Property Type Multi-Family
Sub Type 4 Family - 4 Units Side by Side
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,336 sqft
Price per Sqft $290
MLS Listing ID 73308315
Bedrooms 14
Full Baths 4
Year Built 1920
Annual Tax Amount $13,566
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Description
ATTENTION INVESTORS: Massive 4 Family w/a 2 Car Detached Garage and 5336 sf of living space, offering enormous potential for increased revenue! Living area is comparable to a 5-6 fam. This well maintained home has had the same owners for 27 years and shows pride of ownership. Units have been updated thru the years including K & B's, along w/exterior & interior improvements. (3) boilers updated, newer H20 tanks, 2nd fl units have CB sub panels, lg walkout basement, add'l 2 car tandem pkg spaces and composite deck in the rear. (2) units delivered vacant & Owners unit once housing is obtained. see attached proforma for market rents & income potential. Separate Utilities, Layouts: #118 & 116-#2 are 4 Br's, 1 BA, Living rm, dining area, Fin EP, Units 118 & 116# 1 are 3 Br's, 1 BA, Living rm, dining area, EP's. Just a short walk to public transportation- Bus:112, Silver line & Commuter Rail. Easy access to Logan, 1A, Rte 16, Downtown Boston and more
Location
State MA
County Suffolk
Zoning R3
Direction Central to Highland
Rooms
Basement Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Interior
Interior Features Pantry,Bathroom With Tub & Shower,Remodeled,Ceiling Fan(s),Living Room,Dining Room,Kitchen
Heating Baseboard,Natural Gas,Hot Water,Oil,Individual
Cooling None
Flooring Vinyl,Carpet,Laminate,Wood,Parquet
Appliance Range,Microwave,Refrigerator,Dishwasher,Range Hood,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dishwasher
Laundry Washer & Dryer Hookup,Electric Dryer Hookup,Washer Hookup
Exterior
Garage Spaces 2.0
Community Features Public Transportation,Shopping,Park,Highway Access,Public School
Utilities Available for Gas Range,for Electric Dryer,Washer Hookup
Waterfront false
Waterfront Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)
Roof Type Other
Parking Type Shared Driveway,Off Street
Total Parking Spaces 2
Garage Yes
Building
Lot Description Gentle Sloping
Story 6
Foundation Block,Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract