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.
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
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Reserve Team 781-342-0052,
Reference Real Estate 781-342-0052,
Seth Williams 617-680-9322
Bought with:
Luis Bautista
eXp Realty
Source: MLS PIN,MLS#: 73491764
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 sqft
- 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 & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Winthrop
HOA & financial
Other financial information
- Total actual rent: 10500
Other
Other facts
- 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 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 02152
Nearby schools
GreatSchools rating
- 5/10Arthur T. Cummings Elementary SchoolGrades: 3-5Distance: 0.6 mi
- 8/10Winthrop Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Winthrop Sr High SchoolGrades: 9-12Distance: 0.4 mi
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- Massachusetts
- Suffolk County
- Winthrop
- 02152
- 11 Pearl Ave
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