Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, 3 Family
- Area: Winthrop Beach
- Zip Code: 02152
- Levels: 3
- Parking
- Garage Capacity: 3
- Parking: Paved Drive, Off Street, Paved
- Parking Spaces: 3
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 18
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$1,050,000
- Status: New
- Listing ID: 73491764
- Bedrooms: 11
- Full Baths: 3
- Living Area: 4,032 sqft Convert
- Lot Size: 4,800 sqft Convert
- Acres: 0.11
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |