CCertihomes
16 W Cottage St, Boston, MA 02125

$1,249,000

7 beds 4 baths 3,516 sqft Built 191063 days on marketActive

About this home

Opportunity knocks! Don’t 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, & 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 de-leaded 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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$8,145/mo

Real estate (PITI + HOA + PMI)
$8,034
Principal + interest$5,665
Property tax + insurance$1,901
PMI / 2nd mortgage$468
Utilities
$700
Heating + cooling$188
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$125
Car insurance + maintenance$125
Other (entertainment)
$158
$8,145/mo TLC
Budget$8,645/mo
Remaining after TLC$500/mo
Purchase price
$1,249,000
Down payment
$62,450 (5%)
Loan amount
$1,186,550
APR
4%

Quick facts

Type
4 Family
Style
Year built
1910
Lot size
0.04 ac
Stories
10
Heating
Electric
Cooling
Window Unit(s), Other
Water
Public
HOA
Annual tax
$7,696
MLS #
73212719
County
Suffolk

At a glance

Basement

Home features

Appliances
RangeRefrigerator
Interior
Living RoomKitchenDining Room
Community
Public TransportationLaundromatPublic School
Parking
Off Street
Flooring
Hardwood
Roof
Rubber
Sewer
Public Sewer

Lot features

Level

Schools

Elementary
Boston Public
Middle
Boston Public
High
Boston Public

Neighborhood — 02125

MetricThis ZIPCountyUSA
Population27,7566,444,931299,088,112
Population Change Since19902.00%7.00%20.00%
Population Density12,906786
Male13,5323,127,134147,432,321
Female14,2243,317,797151,655,844
Never Married10,3111,612,88563,775,926
Married6,5452,586,314123,120,365
Separated1,730247,85712,639,686
Widowed1,356363,59415,467,586
Divorced1,436436,88823,075,029
Number Of House Hold9,6542,431,591111,826,380
Average House Hold Size2.822.562.60
Medial Age31.8137.2535.46
Median House Hold Income$38,886$57,698$48,276
Average House Hold Income$50,368$75,023$63,629
P C I$18,194$29,196$24,529
M D I$34,017$48,105$41,133
A T H E$43,877$57,083$50,898
S T R5.00%5.00%
W C J74.25%81.38%77.74%
(Zip) Code
2125

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 3/15/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.