MA > Chelsea
Chelsea, MA 02150,116-118 Cottage St
Chelsea, MA 02150,116-118 Cottage St
Chelsea, MA 02150,116-118 Cottage St
12
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$1,525,000
$1,550,000 1.6%
Est. payment /mo
14 BD
4 BA
5,336 SqFt
Sold on 12/19/2024

116-118 Cottage St Chelsea, MA 02150

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Mackenzie Cormier
Mackenzie Cormier

Agent | License ID: 9569345

+1(978) 837-2780

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Key Details

Sold Price $1,525,000

Property Type Multi-Family

Sub Type 4 Family - 4 Units Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 5,336 sqft

Price per Sqft $285

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

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

Interior

Heating Baseboard, Natural Gas, Hot Water, Oil, Individual

Cooling None

Flooring Vinyl, Carpet, Laminate, Wood, Parquet

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 Description Beach Front,Ocean,1 to 2 Mile To Beach,Beach Ownership(Public)

Roof Type Other

Building

Lot Description Gentle Sloping

Story 6

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Acceptable Financing Contract

Listing Terms Contract

Listed by Century 21 Mario Real Estate
Bought with Thomas Mario • Century 21 Mario Real Estate

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agent

Mackenzie Cormier

Agent | License ID: 9569345

+1(978) 837-2780

Name
Phone*
Message

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116-118 Cottage St

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