11 Pearl Avenue

Winthrop Town MA 02152

4032 sq. ft.

4800 sq. ft.

Other

Last sold for $1,107,000

Reserve Team, last sold this property on 28 May 2026 after 63 days on market.

Overview

Winthrop is one of the last undervalued waterfront towns in Greater Boston, and opportunities like this don't sit long. 11 Pearl Ave is a vacant 3-family just a block from the ocean, generating $10,500/month at market rents with zero displacement headaches. Three floors, 11 bedrooms total, 4,032 sq ft of income-producing space on a town where the average days on market keeps shrinking. 3 separate heat systems, and 200-amp electric. Flood insurance runs about $2,600/year. Live in one, rent two, or hold all three. Priced at $1,050,000 with a cap rate that pencils with room for improvement and valuate add. Don't sleep on Winthrop.

Features

11 bedrooms

3 bathrooms

3 carspaces

3 open car spaces

4032 sq. ft. floor area

4800 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 11 bedroom other properties sold in Winthrop Town over the last 12 months.

Property history for 11 Pearl Avenue

2026

Sold

$1,107,000

28 May 2026 by Reserve Team, of Reference Real Estate

Happy sellers in Winthrop Town

We have insufficient information to provide an overview of customer satisfaction for Winthrop Town. Viewing the agent profiles, reviews and sales for Winthrop Town can provide insights for this location.