$1,550,000 ($290.48 per sqft)

Est. Mortgage $7,838/mo *

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116-118 Cottage St, Chelsea, MA, 02150

116-118 Cottage St, Chelsea, MA, 02150
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26 rooms

14 beds

4 Full baths

1920

5,336 sqft

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

Status:

Active

Type:

Multi-family

Laundry Remarks:

Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Units:

4

Zoning:

R3

Garage:

2-car

Heating:

Baseboard, Natural Gas, Hot Water, Oil, Individual

Cooling:

None

Basement:

Full, Walk-Out Access, Interior Entry, Concrete, Unfinished

Levels:

6

Parking:

2-car, Shared Driveway, Off Street

Acreage:

0.14

Est. Taxes:

$13,566

Assessment

$1,140,000

Construction

Frame

Utilities

for Gas Range, for Electric Dryer, Washer Hookup

Lot Description:

Gentle Sloping

Amenities:

Public Transportation, Shopping, Park, Highway Access, Public School

Appliances:

Range, Microwave, Refrigerator, Dishwasher, Range Hood, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher

MLS #:

73308315

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Lisa Leonard, Century 21 Mario Real Estate Phone: 617-569-6044