24 Total Photos [Click to View All]
Listing Details
- $1,050,000
- MLS# 73491764
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Reference Real Estate
Agency Phone: 781-342-0052
Agent Name: Reserve Team
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Home Value Estimate
Description
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
- Wood
- 3.0 Stories
- $7,981 Taxes
- Public
- Built in 1890
Gallery
Listed By
Agency Name: Reference Real Estate
Agency Phone: 781-342-0052
Agent Name: Reserve Team
Shown By
Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080
Print This Listingx
Select a format below, new window will open and will prompt you to print.
