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(781) 223-5813
(781) 223-5813 Email (781) 223-5813
Mary Ellen McDonough
REALTOR®
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11 Pearl Ave
Winthrop, MA 02152

$1,050,000

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Listing Details

  • $1,050,000
  • MLS# 73491764
  • Type Multi Unit - Multiple
  • Status Pending
  • 11
    Bedrooms
  • 3 full
    Bathrooms
  • 4,032
    Square Feet
  • 0.110 acres
    Lot Size
  • 1890
    Year Built
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Listed By

Agency Name: Reference Real Estate
Agency Phone: 781-342-0052
Agent Name: Reserve Team

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Shown By

Agent Name: Mary Ellen McDonough
Agent Phone: (781) 223-5813
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

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.

Features

  • Wood
  • 3.0 Stories
  • $7,981 Taxes
  • Public
  • Built in 1890
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Listed By

Agency Name: Reference Real Estate
Agency Phone: 781-342-0052
Agent Name: Reserve Team

agent picture

Shown By

Agent Name: Mary Ellen McDonough
Agent Phone: (781) 223-5813
Agency Title: Donahue Real Estate Co.

IDX logo

Mary Ellen McDonough
Mary Ellen McDonough Office: (781) 223-5813 Cell: (781) 223-5813 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/04/2026. The listing information on this page last changed on 04/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/04/2026 7:13:19 AM EST) or MLSPIN MLS (last updated Sat 04/04/2026 7:06:16 AM EST) or Cape Cod / Islands MLS (last updated Sat 04/04/2026 1:17:09 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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