$1,550,000
116-118 Cottage St
Chelsea, MA, 02150
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
Property Details
Price:
$1,550,000
MLS #:
73308315
Status:
Active Under Contract
Beds:
14
Baths:
4
Address:
116-118 Cottage St
Type:
Multi Family
Subtype:
4 Family – 4 Units Side by Side
City:
Chelsea
Listed Date:
Oct 31, 2024
State:
MA
Finished Sq Ft:
5,336
Total Sq Ft:
5,336
ZIP:
02150
Lot Size:
6,000 sqft / 0.14 acres (approx)
Year Built:
1920
Units:
4
Schools
Interior
Appliances
Range, Microwave, Refrigerator, Dishwasher, Range Hood, E N E R G Y S T A R Qualified Refrigerator, E N E R G Y S T A R Qualified Dishwasher
Bathrooms
4 Full Bathrooms
Cooling
None
Flooring
Vinyl, Carpet, Laminate, Wood, Parquet
Heating
Baseboard, Natural Gas, Hot Water, Oil, Individual
Laundry Features
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Highway Access, Public School
Construction Materials
Frame
Parking Features
Shared Driveway, Off Street
Parking Spots
2
Roof
Other
Financial
Tax Year
2024
Taxes
$13,566
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Century 21 Mario Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
116-118 Cottage St
Chelsea, MA
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