Situated just steps from the sand, 5 Waveway presents a rare opportunity to own a fully occupied 6-unit building in one of Winthrop's most desirable seaside neighborhoods. Each unit is a well-maintained 1-bedroom, offering consistent rental income and strong tenant demand. This beachside property is perfectly positioned near local shops, restaurants, and public transportation, making it a convenient and attractive location for tenants year-round.
For sale
$1,780,000
5 Waveway Ave, Winthrop, MA 02152
6beds
4,122sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$432/sqft
$-- HOA
What's special
Beachside propertySteps from the sand
- 19 days
- on Zillow |
- 613 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 12:08am
Listed by:
The Reference Group,
Reference Real Estate,
Seth Williams
Source: MLS PIN,MLS#: 73368845
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Oil
Features
- Living Room, Kitchen
- Flooring: Tile, Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,122
- Total interior livable area: 4,122 sqft
- Finished area above ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Waterfront features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 3,300 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:046 L:094,1423195
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame, Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Location
- Region: Winthrop
Financial & listing details
- Price per square foot: $432/sqft
- Tax assessed value: $1,197,500
- Annual tax amount: $12,358
- Date on market: 5/2/2025
- Total actual rent: 11375
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