Sold
$1,107,000on May 28, 2026
Listed at $1,050,000 · +5.4% vs list
$1,050,000
Sold11 Pearl Ave
Winthrop, MA, 02152
Multi-Family · MLS #73491764
Sold $/sqft
$275
Sold in
1 day
Year built
1890
Lot size
0.11 ac
4,032 sq ft
Sq Ft
0.11 acres
Lot
1890
Year Built
Taxes: $7,981.48 (2025)
About this home
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
- Road type
- Public, Paved, Publicly Maint.
- Basement
- Full, Interior Access
- Electric
- 200 Amps
Listed by Reserve Team · Reference Real Estate
This home has sold
Sold for $1,107,000on May 28, 2026
+5.4% vs list
Showings aren't available for this property, but Antonio Illas can find you homes like this one in Winthrop that are still on the market.
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