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36-38 Summit Ave, Winthrop, MA
Not Available - Off Market
0
$1,350,000
Total Beds: 6 Total Baths: 5
Total Units: 4 SQFT: 4995
LOT size: 0.26 Acres
36-38 Summit Ave
Winthrop, MA 02152
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This Property is No Longer Available

Property Description

Great investment opportunity in Winthrop! This property is a 4 family property offering strong rental income potential in a prime location. Each unit features, separate utilities for easy management. The property includes off-street parking, 8-10 spots on large lot, adding to its appeal. Recent updates include newer roof. Located just minutes from Boston, Logan Airport, and public transportation, this home is steps from beaches, parks, and local restaurants, making it highly desirable for tenants. Whether you're an investor or an owner-occupant looking for additional income, this multi-family is a fantastic opportunity in a thriving seaside community.This fully occupied four-family property features reliable, long-term tenants who pay on time and take great care of their units, making it a stress-free investment. With strong rental history and a well-maintained building, this is a rare opportunity for steady income.

Property Details

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 5
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 92400
  • Net Operating Income: 92400

Utilities

  • Heat Zones: 4
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: No

Unit 4 Description

  • Under Lease: No

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73341917
  • Last Updated: 04/02/25

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Map

Seller's Representative: Elizabeth Ferrara, Cottage Hill Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-04-02 10:50:00

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