$1,150,000 ($348.38 per sqft)

Est. Mortgage $6,121/mo *

Quick Pre-Approval

11 Neptune Ave, Winthrop, MA, 02152

11 Neptune Ave, Winthrop, MA, 02152

17 rooms

9 beds

4 Full / 1 Half baths

1900

3,301 sqft

The three-story building contains a total of four (4) units, consisting of two (2) 1-Bedroom/1-Bathroom units, one (1) 2-Bedroom/1-Bathroom unit, and one (1), 5-Bedroom/1.5-Bathroom unit with 3,301 square feet of living area in 5,178 square feet of total gross area on a 0.12-acre parcel. The Property is located in a highly sought-after residential neighborhood and is 500 feet from Winthrop Beach and the Atlantic Ocean. In-place rents are below the current market rent for comparable units in the area, offering the Buyer the potential to raise rents and increase revenue through a programmatic upgrade of the common areas and units.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

R5

Basement:

Unfinished

Levels:

6

Parking:

4-car Paved Drive, Off Street

Acreage:

0.12

Est. Taxes:

$10,090

Assessment

$968,300

MLS #:

73211241

Buyer Agent Compensation:

2.5%%

Sub Agent Compensation:

0

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

Yes


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Stephen Girolamo, Horvath & Tremblay Phone: 781-776-4000