$1,300,000
$12M PRICE DROP

Estimated payment $7,707/month

Total Views 36
5 Beds
2 Baths
2,212 Sq Ft
$588 Price per Sq Ft

Highlights

  • Waterfront
  • 0.26 Acre Lot
  • Wood Flooring
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Deck
  • Enclosed Patio or Porch

About This Home

Just Renovated – Perfect for Owner-Occupants or Investors!Welcome to 50-52 Wilshire Street, a fully updated two-family home located in the picturesque seaside community of Winthrop, Massachusetts. This property has 5 bedrooms and 2 bathrooms. Fresh from a complete renovation, this property blends modern finishes with timeless New England charm, offering unmatched flexibility for both comfortable living and strong rental income. Each unit features a brand-new kitchen with stainless steel appliances, quartz countertops, and custom cabinetry, as well as new PVC flooring, newly renovated bathrooms, stylish lighting, and freshly painted interiors. Updated plumbing, electrical, and energy-efficient windows ensure peace of mind for years to come. Located on a quiet residential street just minutes from Winthrop Beach, local shops, dining, and public transportation to Boston, this home offers the perfect combination of lifestyle and investment potential. Schedule your showing today!

Listing Agent

Bin Yan

Ark Real Estate Inc. Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,487

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Waterfront
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,212 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • William P. Gorman/Fort Banks Elementary School
  • Winthrop Middle School
  • Winthrop Sr High School

Additional Features

  • Property is near schools
  • 220 Volts

Community Details

  • 2 Units
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 1424680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,487

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Levels: 3
  • Year Built Details: Actual
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Above Grade Finished Sq Ft: 2212
  • Living Area: 2212
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8082
  • LIST PRICE PER Sq Ft: 587.7
  • PRICE PER Sq Ft: 587.7

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Bay, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup
  • Electric: 220 Volts
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Shopping, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1424680
  • Zoning: 1040
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres
  • PAGE: 340

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7487.16
  • Tax Book Number: 70777

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Winthrop Sr High School
  • Elementary School: William P. Gorman/Fort Banks
  • Middle Or Junior School: Winthrop Middle School

Map

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
08/20/2025 08/20/25 Price Changed $1,300,000 -90.0% $588 / Sq Ft
08/20/2025 08/20/25 For Sale $13,000,000 -- $5,877 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73420462

MLS Property Information Network (MLS PIN)