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11 Pearl Avenue

Winthrop Town MA 02152

11
3
3
4032 sq. ft.
4800 sq. ft.
Other
Currently for sale - view listing

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

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Local market activity for 11 bedroom other properties in Winthrop Town

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