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Canceled

14 - 16 West Cottage St, Boston MA 02125

$1,300,000

Estimated $2,642.36/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $325,000

Total Rent: 65400/year

Estimated CAP Rate: 4.54%

7 Bedrooms

4 Full Baths

3,516 SqFt

Total Parking: 0

1,900 SqFt

Opportunity knocks! Don’t miss this rare chance to own a four-unit investment property with an adjacent 5000 Sq. Ft lot. This 4-family brick rowhouse-style building has over 3,500 sq ft of living space and is fully rented with long-term tenants. 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 deleaded 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.

This home has been viewed 23 times

Last Checked: May 7th, 2024 at 8:55am (Source: MLS PIN #73116529)

Gross Income: $65,400

Gross Expenses: $6,413

Net Income Calc: $58,987

CAP Rate: 4.54%

Annual Expenses for 14 - 16 West Cottage St, Boston MA 02125

Total Gross Expenses (Calculated)$6,413/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,413

Annual Income & Unit Breakdown for 14 - 16 West Cottage St, Boston MA 02125

Total Gross Income (Calculated)$65,400

Unit 1

Rental Income$1,250

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$1,400

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$1,400

LeaseN

Bedrooms2

Bathrooms1 Full

Floor4

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 14 - 16 West Cottage St, Boston MA 02125

Listing ID73116529

Property TypeMulti Family / 4 Family

Price$1,300,000 ($369.74/SqFt)

Style4 Family

CityBoston

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,516 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking0

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsBrick

Lot FeaturesLevel

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR4

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 14 - 16 West Cottage St, Boston MA 02125

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$5,455

Total Net Income By Broker$62,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 14 - 16 West Cottage St, Boston MA 02125

Real Estate Taxes$6,413

Tax Year2023

Assessed Value$597,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$5,455

BostonRealEstate.com Gross Income

Total Net Income By Broker$62,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.54%

Location Information for 14 - 16 West Cottage St, Boston MA 02125

Elementary SchoolBoston Public

Middle SchoolBoston Public

High SchoolBoston Public

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Laundromat, Public Transportation

Contact Information for 14 - 16 West Cottage St, Boston MA 02125

Agent

Name: Richard Carlo

Office

Name: Conway - West Roxbury

Phone: 617-469-9200

Team Members

Name: Helen Hennigan

Phone: 617-460-0361

Payment Calculator

, Interest

Property Taxes 534.42

Principal & Interest 8010.19

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Conway - West Roxbury

Richard Carlo

Agent Phone

Office Phone

(617) 469-9200

Text Agent Call Agent Call Office

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            [phone] => 617-469-9200
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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                    [zip] => 02131
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[terms] => Array
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            [0] => 14 - 16 West Cottage St, Boston MA 02125
        )

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[water] => Array
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[water_expense] => Array
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[water_views_features] => Array
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EXIT

Canceled

14 - 16 West Cottage St, Boston MA 02125

$1,300,000

Annual Expenses for 14 - 16 West Cottage St, Boston MA 02125

Annual Income & Unit Breakdown for 14 - 16 West Cottage St, Boston MA 02125

General Information for 14 - 16 West Cottage St, Boston MA 02125

Disclosures for 14 - 16 West Cottage St, Boston MA 02125

Financial Information for 14 - 16 West Cottage St, Boston MA 02125

Location Information for 14 - 16 West Cottage St, Boston MA 02125

Contact Information for 14 - 16 West Cottage St, Boston MA 02125

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Conway - West Roxbury

Richard Carlo