45 Highland Ave Winthrop, MA 02152
Winthrop Highlands NeighborhoodEstimated payment $8,371/month
Highlights
- Marina
- Ocean View
- Medical Services
- William P. Gorman/Fort Banks Elementary School Rated A-
- Golf Course Community
- 1-minute walk to Crest Avenue Park
About This Home
Incredible investment opportunity in the heart of the Highlands! This oversized 3-family property is has been generating strong income with potential for more. One unit is available for an owner occupant or savvy investor looking to maximize cashflow. Walk-out ground level 2-bedroom apartment. First-floor 2-bedroom unit with an additional office, living room, and dining room. Owner’s unit, spanning the 2nd and 3rd floors, this enormous 5-bedroom, 2-bathroom unit can be delivered vacant for owner occupancy or new tenants. Enjoy a paved driveway with ample off-street parking. The property directly abuts Crest Ave Park, offering green space right next door. Commuter-friendly location with easy access to Boston and points North/South via major routes. Public transit is a breeze. Don't miss this massive 3-family gem
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,476
Year Built
- Built in 1900
Lot Details
- 5,710 Sq Ft Lot
- Waterfront
- Near Conservation Area
Property Views
- Ocean
- Bay
Interior Spaces
- 4,671 Sq Ft Home
- Property has 1 Level
- Family Room
- Living Room
- Dining Room
- Home Office
- Partial Basement
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 1424984
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Park
- Jogging Path
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $106,356
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 | $8,476 | $821,300 | $392,000 | $429,300 |
2024 | $8,540 | $819,600 | $393,100 | $426,500 |
2023 | $8,642 | $807,700 | $353,800 | $453,900 |
2022 | $9,274 | $788,600 | $334,700 | $453,900 |
2021 | $9,070 | $715,300 | $298,800 | $416,500 |
2020 | $8,338 | $660,700 | $298,800 | $361,900 |
2019 | $8,020 | $608,500 | $275,400 | $333,100 |
2018 | $7,862 | $555,200 | $236,400 | $318,800 |
2017 | $7,499 | $520,400 | $224,300 | $296,100 |
2016 | $7,327 | $476,700 | $195,000 | $281,700 |
2015 | $6,426 | $448,100 | $189,400 | $258,700 |
2014 | $6,397 | $410,600 | $157,700 | $252,900 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | Pending | -- | -- | -- |
06/25/2025 06/25/25 | For Sale | $1,400,000 | -- | $300 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | -- | |
Deed | $552,700 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $400,000 | Unknown | |
Closed | $450,000 | New Conventional | |
Previous Owner | $394,100 | No Value Available | |
Previous Owner | $414,000 | No Value Available | |
Previous Owner | $100,000 | No Value Available | |
Previous Owner | $414,000 | Purchase Money Mortgage | |
Previous Owner | $100,000 | No Value Available | |
Previous Owner | $190,000 | No Value Available | |
Previous Owner | $50,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396488

APN: WINT-000068-000000-000028
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