$1,050,000
11 Pearl Ave
Winthrop, MA, 02152
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.
Property Details
Price:
$1,050,000
MLS #:
73491764
Status:
Pending
Beds:
11
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
winthropbeach
Listed Date:
Mar 25, 2026
Finished Sq Ft:
4,032
Total Sq Ft:
4,032
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1890
Units:
3
Schools
Interior
Above Grade Finished Area
4032
Bathrooms
3 Full Bathrooms
Flooring
Wood
Interior Features
Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
3
Exterior
Community Features
Public Transportation
Construction Materials
Frame
Lot Features
Flood Plain, Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Parking Total
3
Roof
Rubber
Stories
3
Waterfront Features
Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Financial
Tax Year
2025
Taxes
$7,981
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Winthrop as of May 04, 2026
12
Multi Family Listed
224
Avg DOM
313
Avg $ / SqFt
$1,141,808
Avg List Price
Community
- Address11 Pearl Ave Winthrop MA
- CityWinthrop
- CountySuffolk
- Zip Code02152
Subdivisions in Winthrop
Similar Listings Nearby
Property Summary
- 11 Pearl Ave Winthrop MA is a Multi Family for sale in Winthrop, MA, 02152. It is listed for $1,050,000 To schedule a showing of MLS#73491764 at 11 Pearl Ave in Winthrop, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Reference Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
11 Pearl Ave
Winthrop, MA