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Exterior
Kitchen
Other
Bedroom
Bath
Entry Way
Living
Floorplan

32 Irwin St, Winthrop, MA 02152

$1,100,000
•
6
bed
4
bath
2,949
Sqft ($373/Sqft)

Multi-family for sale 76 days

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About 32 Irwin St

Property type Multi-family

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 4,075 Sqft

Movoto estimate

Property 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.

Listed by

Listing Agent - Michael Giannone

Listing Office - The Aland Realty Group LLC

Source: MLS Property Information Network, Inc.

MLS#73534385 • last updated 3 weeks ago

Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago

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Overview
Cooling/AC	Window Unit(s)
Heating	Baseboard, Natural Gas
Levels/Style	4, 4
MLS #	73534385
Type	Residential Income
Status	Active
SubType	3 Family
SqFt	2949
Lot Size (SqFt)	4075
Lot Size (Acres)	0.09
Annual Property Tax	9238
Year Built	1900

Interior
Total # of Bathrooms	4
# Full Baths	4
Total # of Bedrooms	6
Basement	Unfinished
Total # of Rooms	14
Flooring	Hardwood
Appliances	Range, Dishwasher, Microwave, Refrigerator
Interior Features	Living Room, Kitchen, Office/Den, Sunroom

Exterior
Foundation	Block, Brick/Mortar
Roof	Shingle
Construction	Frame
Parking Desc	Paved Drive, Off Street, Paved
# Parking Spaces	3
Exterior Features	Rain Gutters
Patio/ Porch	Porch
Lot Desc	Level

Amenities / Utilities
Sewer	Public Sewer
Electricity	Circuit Breakers
Water Source	Public

Location
Waterfront	Ocean, 0 To 1/10 Mile To Beach, Beach Ownership(Public)
County	Suffolk
Community Features	Public Transportation, Shopping, Golf, Laundromat, House Of Worship, Marina, Public School
Elementary School	Gorman Fort Banks
Middle School	Winthrop Middle
High School	Winthrop High
Zoning	R3
APN	M:0033 B:0042 L:0000, 1422308
Directions	From Winthrop Pkwy, Turn Onto Irwin St. Property Is On The Left.

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Water), Unit 3(Heat, Electric, Gas, Water), Unit 4(Heat, Electric, Gas, Water)
Net Operating Income	27527
Operating Expense	19273
Total Actual Rent	9300
Financial Data Source	Owner
Expense: Water/ Sewer	2000
Gross Income	46800
Expense: Electricity	3600
Gross Scheduled Income	1000