This Property is No Longer Available
235-236 Winthrop Shore Drive, Winthrop, MA 02152
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$1,300,000
4 Unit
7 Beds
5 Baths
3878 SQFT
0.15 Acre

Property Description

Welcome to the beach! This multi-family property has been cherished by the same family for generations and offers breathtaking ocean views. Home is fully rented, with 3 tenants currently on a tenancy-at-will basis and one lease extending until Nov. Hardwood floors run throughout most of the units, and tenants are responsible for their own utilities, except for water/sewer. 2nd floor features 2 spacious units, each offering 2 levels of living and multiple beds.1st floor units are single-level, each with 1 bedroom. All residents have access to exterior porches, perfect for enjoying the stunning waterfront scenery. This property presents an excellent investment opportunity or an ideal owner-occupied residence. Conveniently located just 15 mins from Boston by car, it also offers easy access to public transportation take the bus to Orient Heights or drive just two miles to Suffolk Downs Within two blocks, you'll find coffee shops, a laundromat, medical facilities, gyms, restaurants & parks.

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: Golf Course, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Dirt Floor, Unfinished Basement
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: No
  • Gross Operating Income: 95400
  • Net Operating Income: 95400

Utilities

  • Heat Zones: 4
  • Utility Connections: for Gas Range, Washer Hookup
  • 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: Yes

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
  • Flooring Type: Hardwood, Laminate, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73341915
  • Last Updated: 04/02/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/02/2025Under Agreement$1,300,000$335MLSPIN
03/20/2025Contingent$1,300,000$335MLSPIN
03/09/2025Active$1,300,000$335MLSPIN
03/05/2025New$1,300,000$335MLSPIN

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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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MLS PIN data last updated at 2025-04-02 03:30:00

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