Pending

Under Agreement

116-118 Cottage St

Chelsea MA, 02150

$1,550,000


$290.48 per sqft

Pending

Under Agreement

14 Beds

4 Baths

5,336 sqft

Multi-family

Built in 1920

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

73308315

MLS ID

October 31, 2024

Listed

November 22, 2024

Updated

Map

116-118 Cottage St
Chelsea MA, 02150

Interior Features

Total Stories

6


Bedrooms

14


Total Bathrooms

4


Full Bathrooms

4


Interior Features

Pantry, Bathroom With Tub Shower, Remodeled, Ceiling Fan(s), Living Room, Dining Room, Kitchen


Appliances

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


Laundry Description

Washer Dryer Hookup, Electric Dryer Hookup, Washer Hookup


Floor Description

Vinyl, Carpet, Laminate, Wood, Parquet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Natural Gas, Hot Water, Oil, Individual

Exterior/Building Features

Lot Size

0.14 Acres


Lot Features

Gentle Sloping


Roof

Other


Sewer

Public Sewer

Other Property Details

Taxes

$13,566


Tax Frequency

Annually


Days on Market

22


Garage

Yes


Garage Spaces

2


Parking

Shared Driveway, Off Street


Parking Total

2


View

No


County

Suffolk


Water Source

Public


Pool

No


Zoning

R3

Listing History

Date

Event

Price

11/22/2024

Pending

11/9/2024

Under contract

 

Courtesy of Lisa Leonard, Century 21 Mario Real Estate

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Data last updated 9:32 PM UTC, 11/22/2024

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