Sold

10-12 Charles St, Winthrop, MA

Winthrop · MA 02152

$1,240,000
Price
7
Beds
4
Baths
3688
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1912
Units: 4 Units
Lot size: 6,127 Sq.Ft Lot
Price per square foot: $352 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

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.

Neighborhood & Transit

Cottage Hill

10-12 Charles St, Winthrop · MA 02152

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
270 days
Listing Price:
$1,300,000
Price per Sq.Ft:
$352
Tax Assessment:
$869,200 in 2025
Taxes:
$748 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,688 Sq.Ft
Broker Disclosure about Living Area
All taken from Winthrop GIS
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3688
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Fuses

Exterior Features

Lot Size
6,127 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles, Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Reserve Team
Listing office
Reference Real Estate
MLS PIN #
73475129
Disclosure
Property Sold as Is. Property to be conveyed with additional sliver of land / rear lot.
Disclosure
All taken from Winthrop GIS