NOT LISTED FOR SALE
9 Beds
4 Baths
4,542 Sq Ft
1910 Built

Last Sold December 01, 2023

Last sale price $1,350,000 $297 Per Sq Ft

17 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Property is near public transit
  • 5-minute walk to Ingleside Park

About This Home

As of December 2023

Welcome to 169 Main Street Winthrop! This very well maintained conveniently located large 4 family is ready for its new owner. Units 1-3 each have 2 bedrooms,1 bath with large eat in kitchens complete w/pantry and washer/dryer hook-ups. Each unit has 3 additional very large rooms that can be used as a dining room,living room,office,play space or a third bedroom.Units have mostly hardwood floors and are bright and sunny.The 4th unit is a studio unit that needs some renovations and has expansion possibilities if desired to increase size.Currently rents are below market value this property has potential to be a CASH COW! Recent updates include new roof, new windows in studio unit, unit 3 new heating system & Unit 1 new hot water heater, newer decks and storm doors throughout. Conveniently located just 1 mile to the Orient Height subway station, close to Boston, airport,beaches and major highways.

Last Agent to Sell the Property

Christine Rich

Citylight Homes LLC Listed on: 10/11/2023

Last Buyer's Agent

Christine Rich

Citylight Homes LLC Listed on: 10/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,763

Year Built

  • Built in 1910 | Remodeled

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,542 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Schools

  • William Gorman Elementary School
  • Winthrop Middle School
  • Winthrop High School

Utilities

  • No Cooling
  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • 60 Amp Service
  • Natural Gas Connected

Additional Features

  • Deck
  • Corner Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1423780

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $420
  • Insurance Expense $3,825
  • Water Sewer Expense $3,500
  • Operating Expense $4,520
  • Net Operating Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,763

Year Built

Built in 1910 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Other (See Remarks), Unit 1(Ceiling Fans,Pantry,Lead Certification Available,Upgraded Countertops), Unit 2(Ceiling Fans,Pantry,Lead Certification Available), Unit 3(Ceiling Fans,Pantry,Lead Certification Available,Walk-In Closet,Bathroom With Tub & Shower), Unit 4(Studio), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Unfinished
  • Living Area: 4542
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6617
  • LIST PRICE PER Sq Ft: 308.01
  • PRICE PER Sq Ft: 297.23
  • MAIN SO: AN6617

Exterior Features

  • Exterior Features: Deck - Wood,Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Radiators,Gas,Individual), Unit 2(Hot Water Radiators,Gas,Individual), Unit 3(Hot Water Radiators,Gas,Individual), Unit 4(Electric Baseboard)
  • Cooling Y N: No
  • Electric: 60 Amps/Less, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 4
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3500

Lot Info

  • Parcel Number: 1423780
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 0.03
  • Lot Size Units: Acres
  • PAGE: 156
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7763
  • Tax Book Number: 14951

Multi Family

  • Electric Expense: 420
  • Gross Income: 49200
  • Insurance Expense: 3825
  • Net Operating Income: 49200
  • Number Of Units Total: 4
  • Operating Expense: 4520
  • Total Actual Rent: 5500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Winthrop High
  • Elementary School: William Gorman
  • Middle Or Junior School: Winthrop Middle

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,350,000 -3.5% $297 / Sq Ft
10/29/2023 10/29/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,399,000 -- $308 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73169269

MLS Property Information Network (MLS PIN)