Property 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
- Basement:
- Full, Interior Entry
- Parking:
- Off Street, Paved, Paved Drive
- Construction:
- Frame
- Flooring:
- Wood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 200+ Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Living Rm/dining Rm Combo, Living Room
- Lead Paint:
- Unknown
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Road Type:
- Paved
Additional Information
- Area:
- Winthrop Beach
- Market Time:
- 9
- Parking Spaces:
- 3
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $275
- Zoning:
- r
- No Units:
- 3
- Orig Price:
- $1,050,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Sold
Address Map
- City:
- Winthrop
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02152
- Longitude:
- W71° 1' 35.9''
- Latitude:
- N42° 22' 34.8''
Residential Income
11 Pearl Ave, Winthrop, Massachusetts
11 Bedrooms
3 Total Bathrooms
4,032 Sqft
$1,050,000
Listing ID #73491764
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,050,000
- Bedrooms :
- 11
- Rooms :
- 18
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,032 Sqft
- Year Built :
- 1890
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73491764
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent