Buyer Financing fell throug! two-family home featuring 7 bedrooms, 4 full bathrooms, a driveway, garage, and a cozy backyard. This property offers newer electrical systems, kitchens, and baths, hardwood floors, high ceilings, and gas heat and cooking. The large, dry basement includes separate laundry rooms for each unit. Conveniently located near Downtown Chelsea with easy access to Boston via the Silver Line, Commuter Rail, and multiple bus routes. Enjoy proximity to Katz Bagels, John’s Pizza, and local dining spots. Fully rented with $7,300/month in gross income from TAW Section 8 leases. Ideal for investors or a 1031 tax exchange before year-end. Will have one group showing a week until we are under agreement. Mid Week, MID Day. DAY/TIME TBD and will post this as an open house and a Broker TOUR. THE SELLER'S WOULD PREFER TO SELL 100% RENTED, WHICH REQUIRES 20% DOWN PAYMENT. PLEASE SEE VIDEO AND FLOORPLANS. THE FLOOR PLANS SHOW A STAIRCASE INSTEAD OF A SECOND BATHROOOM W A SHOWER!!!
Fantastic and rare 2 family home which has been cared for and loved by the same owner for over 40 years. Both units offer rich charm including French doors, antique columns, high ceilings, built in china cabinets, large windows, and hardwood throughout. First floor unit is 5 room with 2 bedroom (could be used as 3 bed) is vacant with many recent updates including a new bathroom & kitchens cabinets, polished floors and entirely freshly re-painted. Ready to move in or to rent out for $2,000. The larger second floor unit is 6 room with 3 bedroom (could be used as 4 bedrooms & rented for $2,400) & has endless potential. Home is in STRONG shape & has many updates including electrical, heating systems, hot water tanks, roof, windows, gutters, blown-in insulated exterior walls,… Full unfinished basement, back & front porches, private back yard, 1 car garage & 3 car tandem parking. Separate utilities..LAST OPEN HOUSE 12:00-2:00pm on 01/20/2018…Highest & Best offer due by 2:00pm on 01/21/2018
Year
Property tax
Land + Additions
Assessment*
2023
$4,309 (−51.4%)
$167,900 + $180,200
$348,100
2022
$8,871 (+3.4%)
$159,900 + $509,600
$669,500
2021
$8,581 (+0.5%)
$152,300 + $477,700
$630,000
2020
$8,537 (+31.1%)
$145,100 + $492,500
$637,600
2019
$6,511 (+26.6%)
$145,100 + $311,800
$456,900
2018
$5,141 (+5.2%)
$145,100 + $219,500
$364,600
2017
$4,886 (+6.8%)
$145,100 + $195,600
$340,700
2016
$4,576 (+8.3%)
$145,100 + $176,000
$321,100
2015
$4,225 (+16.4%)
$126,100 + $167,300
$293,400
2014
$3,629 (+5.3%)
$109,700 + $134,200
$243,900
2013
$3,446 (+7.2%)
$109,700 + $134,200
$243,900
2012
$3,216 (+3.5%)
$110,000 + $122,900
$232,900
2011
$3,107 (+7.0%)
$114,600 + $125,900
$240,500
2010
$2,905 (−14.1%)
$114,600 + $125,700
$240,300
2009
$3,380
$143,000 + $170,000
$313,000
Tax history for 29 Cottage St
Year
Property tax
Land + Additions
Assessment*
2023
$4,309 (−51.4%)
$167,900 + $180,200
$348,100
2022
$8,871 (+3.4%)
$159,900 + $509,600
$669,500
2021
$8,581 (+0.5%)
$152,300 + $477,700
$630,000
2020
$8,537 (+31.1%)
$145,100 + $492,500
$637,600
2019
$6,511 (+26.6%)
$145,100 + $311,800
$456,900
2018
$5,141 (+5.2%)
$145,100 + $219,500
$364,600
2017
$4,886 (+6.8%)
$145,100 + $195,600
$340,700
2016
$4,576 (+8.3%)
$145,100 + $176,000
$321,100
2015
$4,225 (+16.4%)
$126,100 + $167,300
$293,400
2014
$3,629 (+5.3%)
$109,700 + $134,200
$243,900
2013
$3,446 (+7.2%)
$109,700 + $134,200
$243,900
2012
$3,216 (+3.5%)
$110,000 + $122,900
$232,900
2011
$3,107 (+7.0%)
$114,600 + $125,900
$240,500
2010
$2,905 (−14.1%)
$114,600 + $125,700
$240,300
2009
$3,380
$143,000 + $170,000
$313,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
7
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,485 Sq. Ft.
Year renovated
—
Sq. Ft.
2,718
Year built
1920
Style
Multi-Family (2-4 Unit)
County
Suffolk County
APN
1287378
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2023.
R2
Residential R-2 District
The purpose of the R2 district is to provide an area for multifamily dwellings and associated uses.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 1
# of Covered Spaces: 1
Open Parking Spaces: 3
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem, On Street, Driveway, Paved
Interior Features: Lead Certification Available, High Speed Internet, Bathroom with Shower Stall, Bathroom With Tub & Shower, Internet Available - Fiber-Optic, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: Y
Exterior
Building Information
Building Area (Total): 2,718
Foundation Area: 99,999,999
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Approximate,Renovated Since
Lead Paint: Certified Treated
Exterior Features
Fencing: Fenced/Enclosed
Roof: Rubber
Patio And Porch Features: Porch, Covered
Exterior Features: Balcony/Deck
Property Information
PropertySubType: Multi Family
Above Grade Finished Area: 2718
Levels: 2
Lot Information
Lot Size (Acres): 0.08
Lot Features: Level
Frontage Length: 30
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $9,397
Tax Year: 2025
Utilities
Utility Information
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup