About 49 West Cottage St
Fully rented at a 7.63% cap rate, this renovated Three-Family offers the perfect turn-key property for your next investment. The property has been extensively renovated with new kitchens, bathrooms, cosmetics, and updated mechanicals, including a new heat pump system. Unit 1 - a 3 Bed, 2 Bath, Unit 2 - a 2 Bed, 1 Bath, and Unit 3 - a 1 Bed, 1 Bath, provide three different unit types and a variety to help reduce vacancy. The current rent roll of $8,180/mo offers an opportunity for day 1 cash flow without immediate capital improvements. One parking space is available in the rear of the property, accessible via a freshly paved driveway. Nearby Uphams Corner MBTA station offers direct service to South Station, while South Bay’s shopping, dining and entertainment, put everyday conveniences and the rest of Boston within easy reach.
Features of 49 West Cottage St
| MLS® # | 73588403 |
|---|---|
| Price | $1,149,000 |
| Units | 3 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,821 |
| Acres | 0.06 |
| Year Built | 1880 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 49 West Cottage St |
|---|---|
| Area | Dorchester |
| City | Boston |
| County | Suffolk |
| State | MA |
| Zip Code | 02125 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Paved Drive, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 3 |
| Stories | 3 |
Additional Information
| Zoning | 3FAM |
|---|---|
| Gross Income | $98,160 |
| Net Operating Income | $98,160 |
| Operating Expense | $5,400 |
| Insurance Expense | $3,600 |
| Total Actual Rent | $8,180 |
| Rent Includes | Unit 1(Water), Unit 2(Water), Unit 3(Water) |
Listing Details
| Agent | Zachary Feldshuh |
|---|---|
| Office | Choose Boston, LLC |