BEDS5
BATHS4 full
SQUARE FEET2,949
MLS#73534385
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
A rare opportunity to own a 4-unit multi-family investment property in one of Winthrop's most sought-after coastal locations, just minutes from downtown Boston and Logan Airport. This value-add asset offers an ideal mix for investors and owner-occupants alike. The property features one three-bedroom apartment, one two-bedroom apartment, and two studio units. The three-bedroom, two-bedroom, and one studio apartments are currently leased, and the remaining studio will be delivered vacant. Three off-street parking spaces come with the property. Set on a 4,075± sq ft lot in a supply-constrained market with strong, year-round rental demand, the property delivers a compelling blend of in-place income and future growth potential through both rent increases and value-addition. Steps to the beach, Winthrop Golf Club, and the heart of Shirley Street, come see everything that this property has to offer.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Window Unit(s)
Heating: Baseboard, Natural Gas
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 4.0
Taxes: $9,238
Year Built: 1900
Amenities
Living Room
Kitchen
Office/Den
Sunroom
Rain Gutters
Feature Descriptions
Appliances: Range, Dishwasher, Microwave, Refrigerator
Building Area Total: 2949
Community Features: Public Transportation, Shopping, Golf, Laundromat, House of Worship, Marina, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 4 Family
Electric: Circuit Breakers
Exclusions: Any Tenant-Owned Appliances.
Exterior: Frame
Flooring: Hardwood
HeatingY/N: 1
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:0033 B:0042 L:0000,1422308
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 3
Patio And Porch: Porch
Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Heat, Electric, Gas, Water), Unit 4(Heat, Electric, Gas, Water)
Road Responsibility: Public Maintained Road
Rooms Total: 14
Sewer: Public Sewer
Units: 4
Water: Public
Waterfront Features: Ocean,0 to 1/10 Mile To Beach, Beach Ownership(Public)
Local Schools
High School: Winthrop High
Middle School: Winthrop Middle
Elementary School: Gorman Fort Banks
Listed By / Shown By
Listed By
Agency Name: The Aland Realty Group LLC
Agent Name: Michael Giannone
Agency Phone: 603-501-0463
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,538.79 per month $2,448.12 Principal & Interest $769.83 Property Tax $320.83 Homeowner's Insurance
32 Irwin St | MLS# 73534385
This multi-family property located at 32 Irwin St, Winthrop, MA 02152 is currently listed for sale with an asking price of $1,100,000. Search Winthrop real estate on www.masiellogrouprealestate.com today.