Unit Information
Well-located 4-family investment property in the heart of Winthrop’s Cottage Hill neighborhood. 10–12 Charles Street offers four separately metered units totaling 3,688 square feet on a 6,127 sq ft lot, with strong in-place income and upside. The unit mix consists of two larger units and two one-bedroom units, appealing to both long-term renters and owner-occupants seeking supplemental income. Current rents total approximately $8,550 per month, with additional room for optimization over time. The property features off-street parking for six vehicles, a major value driver in this coastal submarket, along with a full unfinished basement ideal for storage and future improvements. Several units have been refreshed, providing a solid balance of immediate cash flow and long-term capital improvement potential. Located just blocks from the ocean, public transportation, schools, and Winthrop Center amenities, this asset benefits from strong rental demand driven by proximity to Boston & Logan.
- Additional Details
- Status: NEW
- Type: Multi-Family, 4 Family
- Area: Cottage Hill
- Zip Code: 02152
- Levels: 2
- Parking
- Garage Capacity: 6
- Parking: Paved Drive, Off Street, Leased, Paved
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 4
- Total Floors: 2
- Total Rooms: 14
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$1,300,000
- Status: New
- Listing ID: 73475129
- Bedrooms: 7
- Full Baths: 4
- Living Area: 3,688 sqft Convert
- Lot Size: 6,127 sqft Convert
- Acres: 0.14
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Luxury Residential Group
(617) 233-5800
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