Sold for $1,107,000

$1,107,000

11 Pearl Ave, Winthrop, MA 02152

11beds

4,032sqft

3 Family

Built in 1890

-- sqft lot

$-- Zestimate^®

$275/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$6,611/mo

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 3
Full bathrooms: 3

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Flooring: Wood
Basement: Full,Interior Entry
Has fireplace: No

Interior area

Total structure area: 4,032
Total interior livable area: 4,032 sqft
Finished area above ground: 4,032

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 3

Features

Waterfront features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Lot

Size: 4,800 Square Feet
Features: Flood Plain, Level

Details

Parcel number: M:039 L:022,1422770
Zoning: r

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1890

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation

Location

Region: Winthrop

Financial & listing details

Price per square foot: $275/sqft
Tax assessed value: $773,400
Annual tax amount: $7,981
Date on market: 5/19/2026
Total actual rent: 10500
Road surface type: Paved

Price history

Date	Event	Price
5/28/2026	Sold	$1,107,000+5.4%$275/sqft
Source: MLS PIN #73491764 Report a problem
3/25/2026	Listed for sale	$1,050,000$260/sqft
Source: MLS PIN #73491764 Report a problem