Walk to the beach, excellent restaurants and stores from this very large 8 unit building.Five 1 bedroom apartments, and three 2 bedroom apartments. Rents range from $1125 to $1550, TAW or leases ending soon on all apartments. Apartments are in good condition. All rents should be significantly higher. Heat is included in the rent. Parking for 9 cars on lot. Golf course across the street. This property is less than 2 miles from Suffolk Downs, which will soon be a phenomenal economic engine for this entire area. Cap Rate is 5.2% at current rents. This property has never flooded. Interior pix coming soon.
Off market
$1,593,300
359 Shirley St, Winthrop, MA 02152
11beds
6,195sqft
MultiFamily
Built in 1900
-- sqft lot
$1,593,300 Zestimate®
$257/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
- Full bathrooms: 8
Interior area
- Total interior livable area: 6,195 sqft
Property
Lot
- Size: 6,534 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Community & neighborhood
Location
- Region: Winthrop
Other
Other facts
- Amenities: Public Transportation, Shopping, Park, Golf Course, Walk/Jog Trails
- Basement Feature: Full
- Beach Description: Ocean, Walk To
- Beachfront Flag: Yes
- Apod Available: Yes
- Lot Description: Level
- Beach Ownership: Public
- Foundation: Concrete Block, Brick
- Beach Miles To: 1/10 To 3/10
- Mf Type: 5-9 Family
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,593,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,593,300