116-118 Cottage St Pending

Chelsea,MA 02150

$ 1550000

14 Beds

4 Baths

5336 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 Family - 4 Units Side by Side

Listing Status Pending

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

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

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