Sold
132-134 Cottage St, Chelsea, MA
Chelsea · MA 02150
- $1,200,000
- Price
- 10
- Beds
- 4
- Baths
- 4496
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1920
Units:
4 Units
Lot size:
6,054 Sq.Ft Lot
Price per square foot:
$256 / Sq.Ft
Parking:
3 Garage Spaces · 9 Off Street Spaces
About this home
132-134 Cottage Street is a four unit multi-family building comprised of two, 2-Bedroom/1-Bathroom units and two, 3-Bedroom/1-Bathroom units with 4,496 square feet of living area in 8,112 total square feet on a 0.139-acre parcel listed at a 7.31% cap rate on current income. The building?s utilities are separately metered for electricity, heat, and hot water which the tenants pay directly while the landlord is responsible for domestic water and sewer, which has been sub-metered so that the expense can be passed on to the tenants. The building has been well maintained during ownership. Building amenities include a coin-op laundry room, three on-site garages and additional off-street parking in front of the garage spaces. While the building is typically fully occupied, the opportunity exists to drive rental rates through programmatic upgrades and renovations to the kitchens and bathrooms in all units, allowing the incoming owner to maximize rents in a supply constrained market.
Neighborhood & Transit
132-134 Cottage St, Chelsea · MA 02150
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1346 days
- Listing Price:
- $1,150,000
- Price per Sq.Ft:
- $256
- Tax Assessment:
- $1,271,100 in 2023
- Taxes:
- $1,161 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,496 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4496
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 6,054 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 3 Parking Spaces
- Off Street Parking
- 9 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl, Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dennis Kelleher
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73082151