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$1,050,000
Total Beds: 11 Total Baths: 3
Total Units: 3 SQFT: 4032
LOT size: 0.11 Acres
11 Pearl Ave
Winthrop, MA 02152
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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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 11
  • Total Full Baths: 3
  • Amenities: Public Transportation
  • Basement Features: Full, Interior Access
  • Common Rooms: Dining Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Expenses Source: Estimated
  • Gross Operating Income: 126000
  • Net Operating Income: 126000

Utilities

  • Heat Zones: 3
  • Electric Info: 200 Amps
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • 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: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73491764
  • Last Updated: 03/29/26

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Map

Seller's Representative: Reserve Team, Reference Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2026-03-29 04:05:00

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