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
Sold for $1,525,000
$1,525,000
116-118 Cottage St, Chelsea, MA 02150
14beds
5,336sqft
4 Family - 4 Units Side by Side
Built in 1920
-- sqft lot
$-- Zestimate®
$286/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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List your homeWhat's special
Lg walkout basement
Zillow last checked:
Listing updated:
Listed by:
Lisa Leonard 617-620-3178,
Century 21 Mario Real Estate 617-569-6044
Bought with:
Thomas Mario
Century 21 Mario Real Estate
Source: MLS PIN,MLS#: 73308315
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Natural Gas, Hot Water, Oil, Individual
Cooling
- None
Appliances
- Included: Range, Microwave, Refrigerator, Dishwasher, Range Hood, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
- Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features
- Pantry, Bathroom With Tub & Shower, Remodeled, Ceiling Fan(s), Living Room, Dining Room, Kitchen
- Flooring: Vinyl, Carpet, Laminate, Wood, Parquet
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,336
- Total interior livable area: 5,336 sqft
Property
Parking
- Total spaces: 4
- Parking features: Shared Driveway, Off Street
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Patio & porch: Enclosed, Deck
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 6,000 Square Feet
- Features: Gentle Sloping
Details
- Parcel number: 1287418
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Side by Side
Materials
- Frame
- Foundation: Block, Brick/Mortar
- Roof: Other
Condition
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Highway Access, Public School
Location
- Region: Chelsea
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $1,140,000
- Annual tax amount: $13,566
- Date on market: 1/5/2026
- Listing terms: Contract
- Exclusions: Personal/Tenant Possessions
- Total actual rent: 2700
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2024 | Sold | $1,525,000-1.6%$286/sqft |
Source: MLS PIN #73308315 Report a problem | ||
| 11/9/2024 | Contingent | $1,550,000$290/sqft |
Source: MLS PIN #73308315 Report a problem | ||
| 10/31/2024 | Listed for sale | $1,550,000$290/sqft |
Source: MLS PIN #73308315 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02150
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Nearby schools
GreatSchools rating
- NAShurtleff Early ChildhoodGrades: PK-1Distance: 0.4 mi
- 3/10Clark Avenue SchoolGrades: 5-8Distance: 0.4 mi
- 2/10Chelsea High SchoolGrades: 9-12Distance: 0.9 mi
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- Massachusetts
- Suffolk County
- Chelsea
- 02150
- 116-118 Cottage St
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