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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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32 Irwin St , Winthrop, MA 02152
$1,100,000
Est. Payment: $2,444.44/mo
6 Bed
4 Bath
2949 Sqft
Status: Active | Days on site: 98
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AN6355 - CN229802
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House Description

A rare opportunity to own a 3-unit multi-family investment property with a fourth apartment in one of Winthrop's most sought-after coastal locations, just minutes from downtown Boston and Logan Airport. This asset offers an ideal mix for investors and owner-occupants alike. The property features one three-bedroom apartment, one two-bedroom apartment, one one-bedroom apartment, and one studio unit. The one-bedroom apartment is currently rented and will be conveyed with the property. The two-bedroom and three-bedroom apartments will be delivered vacant at closing. The owner is currently marketing the studio for rent. 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.

Highlights

Listed by Michael Giannone , 978-806-6446 The Aland Realty Group LLC , 603-501-0463.

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1900

County

Suffolk

Listing ID

73534385

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Range, Dishwasher, Microwave, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Hardwood
Other:
  • Additional:Living Room, Kitchen, Office/Den, Sunroom
Water:Public

Exterior Features

Lot:Level,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Garage Capacity:3
Zoning:R3
Roof:Shingle
Others:
  • Additional:Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Paved,Parking Spaces: 3

Open House

Upcoming Open Houses
Sunday 12:30 pm - 2:00 pm Sep 20
Principal Interest
$2,444
Taxes
$770

Home Price

$1,100,000

Loan Details

30 yrs
%

Down Payment

20%
$220,000
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Monthly Price:
$2,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,444.44 $769.83 $0.00 $3,214.28
Yearly $29,333.33 $9,238.00 $0.00 $38,571.33
Total $880,000.00 $277,140.00 $0.00 $1,157,140.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Winthrop, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.