LRG Boston
(617) 233-5800
355 Boylston St
Boston, Ma 02116
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View complete details at: www.lrgboston.com/73491764
11 Pearl Ave
Winthrop, MA
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.
offered at
$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
Additional Details
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
Contact: LRG Boston at (617) 233-5800
LRGBOSTON.COM
355 Boylston St. Boston, MA 02116
