16 W Cottage St, Boston, MA 02125
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$1,300,000
4 Unit
7 Beds
4 Baths
3516 SQFT
0.04 Acre

Property Description

Opportunity knocks! Don’t miss this rare chance to own a four-unit investment property with an adjacent 5000 Sq. Ft lot (14 W Cottage). This 4-family brick rowhouse-style building has over 3,500 sq ft of living space and is rented with long-term tenants(one vacant unit). Two of the units have 5 rooms, 2 bedrooms, & one full bath, one unit has 6 rooms, 3 beds, & 1 bath, and one unit has 3 rooms, one bedroom, & 1 full bath. All electric heat, fully de-leaded units, newer vinyl siding in the rear, and some replacement windows. The tenants are currently using the vacant lot for parking. The adjacent 5,000 sq ft lot has a deed restriction on it. Please see attached documents. PLEASE DO NOT DISTURB THE TENANTS OR WALK THE LAND WITHOUT PERMISSION FROM LISTING AGENTS.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 10
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: Laundromat, Public School, Public Transportation
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric, Forced Air, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 5455
  • Net Operating Income: 62400

Utilities

  • Energy Features: Storm Windows
  • Utility Connections: for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1910
  • Type: 4 Family
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73212719
  • Last Updated: 04/02/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/19/2024Active$1,300,000$370MLSPIN
03/15/2024New$1,300,000$370MLSPIN

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Seller's Representative: Richard Carlo, Conway - West Roxbury
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-04-02 08:41:00

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