116-118 Cottage St, Chelsea, MA 02150 - MLS#73308315

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Ed Greable

[email protected] +1(617) 905-9128

$ 1,550,000

Est. payment -/mo

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Active Under Contract

116-118 Cottage St Chelsea, MA 02150

14 Beds

4 Baths

5,336 SqFt

UPDATED:

11/09/2024 04:40 PM

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

Listed by Century 21 Mario Real Estate

Ed Greable

Agent | License ID: 9046843

+1(617) 905-9128

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