40-46 Cottage St
$1,050,000
9
Beds
5
Baths
6,500
Sqft
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$1,050,000
9
Beds
5
Baths
6,500
Living Area
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Property Description
Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 12
- Property Type: 5-9 Family
- Total Rooms: 23
- Status: Active
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Additional Details
- Basement: Unfinished
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
- Fireplaces: 1
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $487,400
- Taxes: $6,658
- Tax Year: 2026
- Total Rent: $8,700
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Property Investors & Advisors, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.