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$1,249,000   Price Analysis
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16 W Cottage St
Boston, MA 02125
7 bed 4 bath 3,516 SqFt ($355/SqFt)
1,900SqFt lot. Built 1910
Listed 2024-03-15, Taxes $6,413
Ⓧ USDA Ineligible
due to price & location

near Boston

Opportunity knocks!

Dont 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 and one full bath, one unit has 6 rooms, 3 beds and 1 bath and one unit has 3 rooms, one bedroom and 1 full bath.

All electric heat, fully de-leaded units, newer vinyl siding in the rer 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.


Presented by Richard Carlo, Sales Manager at
Conway - West Roxbury.
Listing Agent Photo

Property MLS #73212719 from MLSPIN

Bedrooms: 7

Total Rooms: 20
Basement Description: Full

Total Bathrooms: 4
Full Bathrooms: 4

Living Room
Kitchen
Dining Room
Flooring: Hardwood
Window Features: Storm Window(s)

Range
Refrigerator

Cooling Features: Window Unit(s)
Heating Features: Electric
Heating: Yes

Lot Description: Level
Lot Size Acres: 0.043618
Lot Size Square Feet: 1900

Road Frontage Type: Public

Parking Features: Off Street

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Boston Public
High School: Boston Public
Middle School: Boston Public

Dudley Street Neighborhood Charter School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

St. Patrick School is a private elementary school located approximately 0.3 miles away.
directions icon Map directions

Dearborn Middle School is a public middle and high school located approximately 0.5 miles away.
directions icon Map directions

Gross Income: 5455
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Number of Units: 4

Community Features: Public Transportation, Laundromat, Public School

Annual Tax Amount: 7696
City Region: Dorchester
Source Listing Status: Active
County: Suffolk
Directions: Blue Hill Ave to West Cottage
Tax Year: 2024
Source Property Type: Residential Income
Parcel Number: W:13 P:00008 S:000, 1296207
Postal Code Plus 4: 2928
Zoning: R4
Property Subtype: 4 Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$473,200 + $123,900
$597,100
$6,413
2022$443,600 + $123,900
$567,500
$6,174
2021$446,300 + $121,300
$567,600
$6,056
2020$410,000 + $121,300
$531,300
$5,611
2019$420,200 + $121,300
$541,500
$5,707
2018$394,800 + $116,200
$511,000
$5,355
2017$378,600 + $108,400
$487,000
$5,157
2016$306,800 + $100,700
$407,500
$4,483
2015$260,200 + $87,800
$348,000
$4,214
2014$264,100 + $74,900
$339,000
$4,265
2006$245,400 + $35,600
$281,000
$3,125
2005$216,600 + $32,400
$249,000
$2,672
2004$199,600 + $32,400
$232,000
$2,355

Price Changed 2024-05-13
$1,249,000
MLSPIN
Price Changed 2024-04-25
$1,275,000
MLSPIN
Listed 2024-03-15
$1,300,000
MLSPIN
Sold 1995-03-31
$54,200
Public Record
Sold 1995-02-16
$140,517
Public Record

Net Operating Income: 62400

Year Built: 1910
Building Area Total: 3516
Building Area Units: Square Feet
Construction Materials: Brick
Foundation Details: Concrete Perimeter
Property Age: 114
Roof: Rubber
Levels or Stories: 10
Year Built Details: Actual
Year Built Source: Public Records

Sewer: Public Sewer
for Electric Range
for Electric Oven
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.