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

Sale Details

Date Sold: December 1, 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

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
  • 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
  • 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
  • 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
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7763

Multi Family

  • Electric Expense: 420
  • 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 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

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

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

Listed on
Oct 11, 2023
Closed on
Dec 1, 2023
Sold by
Bought by
Seller's Agent
Christine Rich
Citylight Homes LLC
Buyer's Agent
Christine Rich
Citylight Homes LLC
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
0.0763%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2014
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$1,350,000 None Available
-- None Available
-- --
-- --
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 Borrower Loan Amount
Open $490,000
Closed $945,000
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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,792 $1,142,600 $305,100 $837,500
2024 $10,048 $964,300 $293,300 $671,000
2023 $7,763 $725,500 $268,500 $457,000
2022 $7,437 $632,400 $239,800 $392,600
2021 $7,448 $587,400 $214,100 $373,300
2020 $7,171 $568,200 $214,100 $354,100
2019 $7,055 $535,300 $197,300 $338,000
2018 $7,002 $494,500 $169,400 $325,100
2017 $6,712 $465,800 $153,300 $312,500
2016 $6,714 $436,800 $130,600 $306,200
2015 $5,986 $417,400 $126,800 $290,600
2014 $5,364 $344,300 $112,900 $231,400
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73169269

MLS Property Information Network (MLS PIN)
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