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$1,350,000   Price Analysis
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4 Cottage St
Boston, MA 02128
4 bed 4 bath 3,360 SqFt ($401/SqFt)
1,200SqFt lot. Built 1900
Listed 2024-04-14
Ⓧ USDA Ineligible
due to price & location

near Boston

ADJUSTED PRICE and AWESOME LOCATION - ACROSS FROM MAIN GATE TO BEAUTIFUL PIERS PARK and COMMUNITY GARDEN!

What better area in the city for a 3 family development than the waterfront t 4 COTTAGE ST. on the corner of Marginal St. in Jeffries Point. Sail, walk/jog, relax and steps to Boston Shipyard, marina & the ICA, this location offers a little bit of everything. You'll enjoy the Boston skyline, harbor views & the convenience of being close to public transportation (Blue LIne), seasonal Ferry, exceptional eateries & Logan Airport.

Flooded with light, this property consists of 3 levels for a total of 3, 360 sq. ft on a 1, 200 sq. ft. corner lot. There are 2 gas FHW heating systems approx. 10 yrs. old, 3 gas h/w tanks installed in 2020/2023 & 4 electric panels including a public meter. The roof is tar and gravel & at one time included a deck. Imagine the views. You can change everything except the location and this is the absolute BEST LOCATION in Boston's fastest growing neighborhood.


Presented by MARY ANN CASH at
Charlesgate Realty Group, Llc.
Listing Agent Photo

Property MLS #73223795 from MLSPIN

Bedrooms: 4

Total Rooms: 12
Basement Description: Interior Entry, Concrete

Total Bathrooms: 4
Full Bathrooms: 4

Walk-In Closet(s)
Kitchen
Laundry Room
Living RM/Dining RM Combo
Living Room
Office/Den
Flooring: Hardwood

Range
Dishwasher
Refrigerator
Washer
Dryer
Range Hood
Disposal
Laundry Features: Washer & Dryer Hookup

Heating Features: Natural Gas
Heating: Yes

Beach Front

Lot Description: Corner Lot
Lot Size Acres: 0.0275482
Lot Size Square Feet: 1200

Open Parking: Yes
Parking Features: On Street

View: City View(s)

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 35400
Gross Scheduled Income: 3207
Rent Includes: Unit 1(Water), Unit 2(Heat, Gas, Water), Unit 3(Heat, Gas, Water)

Number of Units: 3

Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, House of Worship, Marina, Public School, T-Station

Annual Tax Amount: 10053
City Region: East Boston's Jeffries Point
Source Listing Status: Active
County: Suffolk
Directions: Sumner St. to Cottage St. on the right, last house on the right - corner of Marginal St.
Tax Year: 2024
Source Property Type: Residential Income
Insurance Expense: 2994
Zoning: Res.
Property Subtype: 3 Family
Source System Name: C2C

Price Changed 2024-05-08
$1,350,000
MLSPIN
Listed 2024-04-14
$1,400,000
MLSPIN

Net Operating Income: 35400
Operating Expense: 7695

Electric: Circuit Breakers, Common, Individually Metered
Sewer: Public Sewer
Water Sewer Expense: 1494
Water Source: Public

Year Built: 1900
Building Area Total: 3360
Building Area Units: Square Feet
Construction Materials: Frame
Foundation Details: Stone, Brick/Mortar
Property Age: 124
Roof: Tar/Gravel
Levels or Stories: 6
Year Built Details: Approximate, Renovated Since
Year Built Source: Public Records

Adams Elementary School is a public elementary school located approximately 0.1 miles away.
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McKay K-8 School is a public elementary and middle school located approximately 0.3 miles away.
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East Boston Central Catholic School is a private elementary and middle school located approximately 0.5 miles away.
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East Boston High School is a public high school located approximately 1 miles away.
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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.