140 Cottage Street

Lynn, MA 01905

$500,000
Last Sold Price
4
Beds
1
Bath
1,496 Sq. Ft.
$334 / Sq. Ft.
1,496
Sq. Ft.
$334
per Sq. Ft.

Description

Attention owner occupants & investors! 4 bed 2 bath Multifamily in West Lynn Neighborhood off Boston Street. Newer hardwood floors, oil converted to gas, Driveway can accommodate 2 cars, enclosed backyard great for family BBQ. Both units with 2 bedrooms each, with a sunroom on the 1st unit and a balcony for the 2nd unit. Short distance to Barry park and newly opened public bike path, 429 Bus stop Northgate Shopping Center via Square One, and close to Market Basket. Property sold in AS-IS condition,...Attention owner occupants & investors! 4 bed 2 bath Multifamily in West Lynn Neighborhood off Boston Street. Newer hardwood floors, oil converted to gas, Driveway can accommodate 2 cars, enclosed backyard great for family BBQ. Both units with 2 bedrooms each, with a sunroom on the 1st unit and a balcony for the 2nd unit. Short distance to Barry park and newly opened public bike path, 429 Bus stop Northgate Shopping Center via Square One, and close to Market Basket. Property sold in AS-IS condition, Unit 1 will be delivered vacant. Ideal for someone who isn't afraid to put in some sweat equity or for an investor. Some TLC could go a long way! New offer dealline is pushed out to Tuesday Sep.20 at noon so everyone gets a chance to see the 2nd unit.
  1. Listed by Kyle Daddieco • Citylight Homes LLC

Property Details for 140 Cottage Street

Town
Lynn
Area
MA-Lynn
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Citylight Homes LLC, Kyle Daddieco

Sold By Elaisa S. Rubio, Elaisa Rubio

Add your commute
LISTING UPDATED: 10/21/2022 12:30 PM

Property Details for 140 Cottage Street

StatusSold
MLS #73033365
Days on Market26
Taxes$6,063 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1890
CountyEssex County

Location

Listing Courtesy of Citylight Homes LLC, Kyle Daddieco

Sold By Elaisa S. Rubio, Elaisa Rubio

Add your commute

Building Information for 140 Cottage Street

Stories3Residences2Year Built1890Building Size-Lot Size0.07 AC / 3,142 SF

Payment Calculator

$3,234 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,729

Property Taxes

$505

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Cottage Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 1496.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Gas Oven
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Other (See Remarks))
  • Laundry Features: Washer Hookup
Exterior Features
  • Exterior Features: Balcony
  • Exterior Features: Balcony, Porch - Enclosed
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyers Must Verify All Information And Perform Their Own Due Diligence.Basement Has Flooded Around 8 Years Ago From A Major Rain Storm,Basement Hasn't Flooded Ever Since.One Gas Heating System Supplying Heat For Both Unit And Unit 2 Is Prepped For Gas Meter.
Tax Information
  • Tax ID: M:038 B:285 L:009,1993765
  • Assessments: $487,800
  • Book: 28877
  • Tax Year: 2022
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $19,200.00
  • Insurance: $1,500.00
  • GRE: $3,000
  • HTE: $1,500
  • NOI: $16,200.00
  • Operating Expense: $3,000.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,600.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 140 Cottage Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 140 Cottage Street

Taxable ValueLand$176,100Additions$367,700Total$543,800
Tax Record2024$5,726 ($477 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,408 SqFtAbove Grade Finished SqFt1,408 SqFtUnfinished Basement SqFt852 SqFtStories2Lot Size3,142 SqFtStyleSingle Family ResidenceYear Built1890Year Renovated1963ZoningR2CountyESSEXAPNLYNN M:038 B:285 L:009

Schools near 140 Cottage Street

This home is within Lynn School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Rating
School
Distance
A Drewicz Elementary School
PublicPK to 5

William R Fallon
PublicK to 5

Breed Middle School
Public6 to 8

Fecteau-Leary Junior/Senior High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Citylight Homes LLC, Kyle Daddieco

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.