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11 Pearl Ave, Winthrop, MA

Winthrop · MA 02152

$1,107,000
Price
11
Beds
3
Baths
4032
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 3 Units
Lot size: 4,800 Sq.Ft Lot
Price per square foot: $260 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

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.

Neighborhood & Transit

Winthrop Beach

11 Pearl Ave, 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:
223 days
Listing Price:
$1,050,000
Price per Sq.Ft:
$260
Tax Assessment:
$773,400 in 2025
Taxes:
$665 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
3
Half Bathrooms
0
Living Area
4,032 Sq.Ft
Broker Disclosure about Living Area
6 Room Floor plan, u2 and u3 closed off 1 room to make additional bedroom.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4032
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
200 Amps

Exterior Features

Lot Size
4,800 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
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 #
73491764
Disclosure
Property is vacant. Property Requires flood insurance ~2600 / annually.
Disclosure
6 Room Floor plan, u2 and u3 closed off 1 room to make additional bedroom.