R
Seller's Agent in 2026
Reserve Team
Reference Real Estate
11 Pearl Ave Winthrop, MA 02152
Winthrop Beach Neighborhood
11
Beds
3
Baths
4,032
Sq Ft
4,800
Sq Ft Lot Lot
Highlights
- Beach Front
- Property is near public transit
- Combination Dining and Living Room
- William P. Gorman/Fort Banks Elementary School Rated A-
- Wood Flooring
- Level Lot
About This Home
As of May 2026Winthrop 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.
Last Agent to Sell the Property
Reserve Team
Reference Real Estate Listed on: 03/25/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,981
Year Built
- Built in 1890
Lot Details
- 4,800 Sq Ft Lot
- Beach Front
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 4,032 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Wood Flooring
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 11 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- 3 Open Parking Spaces
- Off-Street Parking
Location
- Flood Zone Lot
- Property is near public transit
Utilities
- 3 Heating Zones
- 200+ Amp Service
Community Details
- 3 Units
- Net Operating Income $126,000
Listing and Financial Details
- Total Actual Rent $10,500
- Assessor Parcel Number M:039 L:022,1422770
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 10, 1998
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Outstanding Balance
$13,811
Interest Rate
6.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 1989
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
9.7%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $58,000 | -- | |
| Deed | $227,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $79,000 | Commercial | |
| Previous Owner | $265,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/28/2026 05/28/26 | Sold | $1,107,000 | +5.4% | $275 / Sq Ft |
| 04/03/2026 04/03/26 | Pending | -- | -- | -- |
| 03/25/2026 03/25/26 | For Sale | $1,050,000 | -- | $260 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
-
Seth Williams
Seller Co-Listing Agent in 2026
Seth Williams
Reference Real Estate
(617) 680-9322
11 in this area
133 Total Sales
-
Luis Bautista
L
Buyer's Agent in 2026
Luis Bautista
eXp Realty
1 in this area
40 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73491764
APN: WINT-000039-000000-000022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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