D
Seller's Agent in 2023
Dennis Kelleher
Horvath & Tremblay
132 Cottage St Chelsea, MA 02150
Bellingham Square Neighborhood
10
Beds
4
Baths
4,496
Sq Ft
6,054
Sq Ft Lot
Highlights
- Property is near public transit
- Park
- Shops
- Corner Lot
- Laundry Room
- 3 Car Garage
About This Home
As of April 2023132-134 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.
Last Agent to Sell the Property
Dennis Kelleher
Horvath & Tremblay Listed on: 02/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,930
Year Built
- Built in 1920
Lot Details
- 6,054 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Garage
- Open Parking
- Off-Street Parking
Home Design
- 4,496 Sq Ft Home
- Rubber Roof
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near public transit
Utilities
- Separate Meters
- Gas Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $9,200
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Operating Expense $32,396
- Net Operating Income $84,047
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $1,200,000 | +4.3% | $267 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 02/27/2023 02/27/23 | For Sale | $1,150,000 | -- | $256 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
G
Buyer's Agent in 2023
Gustavo Veloz
COM-PRO Real Estate Services, Inc
(857) 756-0295
3 in this area
43 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73082151
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 110 Bellingham St Unit 3
- 150 Maverick St Unit 2
- 250 Congress Ave Unit 9
- 250 Congress Ave Unit 29
- 14 Cottage St Unit 3
- 157 Congress Ave
- 221 Shurtleff St Unit 1
- 39 Crescent Ave Unit 9
- 39 Cary Ave Unit 14
- 7 Wordsworth St Unit 4
- 7 Wordsworth St Unit 101
- 105 Washington Ave
- 796 Broadway
- 28 Wordsworth St Unit 2
- 827 Broadway
- 95 Addison St Unit 2
- 95 Addison St Unit 204
- 95 Addison St Unit 203
- 173 Walnut St Unit 3
- 90 Clark Ave Unit 3
- 134 Cottage St Unit 1
- 134 Cottage St
- 130A Cottage St
- 130 Cottage St
- 130 Cottage St Unit 2
- 130 Cottage St Unit 1
- 130A Cottage St Unit 2
- 111 Willow St
- 113 Willow St
- 131 Cottage St
- 115 Willow St
- 161 Bellingham St Unit 5
- 161 Bellingham St Unit 2
- 161 Bellingham St Unit 3
- 129 Cottage St
- 129 Cottage St Unit 1
- 145 Cottage St
- 145 Cottage St Unit 510
- 126 Cottage St Unit 1
- 126 Cottage St Unit 2