32 Irwin St Winthrop, MA 02152
Winthrop Beach NeighborhoodEstimated payment $6,729/month
Highlights
- Marina
- Ocean View
- Waterfront
- William P. Gorman/Fort Banks Elementary School Rated A-
- Property is near a beach
- Property is near golf course, public transit, and schools
About This Home
A rare opportunity to own a 4-unit multi-family investment property in one of Winthrop's most sought-after coastal locations, just minutes from downtown Boston and Logan Airport. This value-add asset offers an ideal mix for investors and owner-occupants alike. The property features one three-bedroom apartment, one two-bedroom apartment, and two studio units. The three-bedroom, two-bedroom, and one studio apartments are currently leased, and the remaining studio will be delivered vacant. Three off-street parking spaces come with the property. Set on a 4,075± sq ft lot in a supply-constrained market with strong, year-round rental demand, the property delivers a compelling blend of in-place income and future growth potential through both rent increases and value-addition. Steps to the beach, Winthrop Golf Club, and the heart of Shirley Street, come see everything that this property has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,238
Year Built
- Built in 1900
Lot Details
- 4,075 Sq Ft Lot
- Waterfront
- Level Lot
Home Design
- Brick Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,949 Sq Ft Home
- Property has 1 Level
- Living Room
- Home Office
- Sun or Florida Room
- Wood Flooring
- Ocean Views
- Unfinished Basement
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- 3 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Property is near a beach
- Rain Gutters
- Porch
Location
- Property is near golf course, public transit, and schools
Schools
- Gorman Fort Banks Elementary School
- Winthrop Middle School
- Winthrop High School
Utilities
- Window Unit Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(heat electric gas water), unit 4(heat electric gas water)
- Assessor Parcel Number M:0033 B:0042 L:0000,1422308
Community Details
Overview
- 4 Units
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
Building Details
- Electric Expense $3,600
- Insurance Expense $4,023
- Water Sewer Expense $2,000
- Operating Expense $19,273
- Net Operating Income $51,527
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | For Sale | $1,100,000 | -- | $373 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73534385
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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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