NOT LISTED FOR SALE

586 Shirley St Winthrop, MA 02152

Cottage Hill Neighborhood
8 Beds
6 Baths
3,937 Sq Ft
5,000 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $842,000 $214 Per Sq Ft

1 Day on Market

Highlights

  • Ocean View
  • Waterfront
  • 1-minute walk to Massa Playground
  • William P. Gorman/Fort Banks Elementary School Rated A-

About This Home

As of April 2024

Prime Development Opportunity: Situated across from Winthrop Harbor and a vibrant Marina, this 6-unit building is perfect for developers or contractors, sold as is. With its waterfront location and current condition, this property offers a lucrative opportunity for development or renovation, ideal for upscale residential units. Don't miss out on this rare chance for developers or contractors; schedule a viewing to explore the potential.

Last Agent to Sell the Property

Cathie Curran

Charlesgate Realty Group, llc Listed on: 03/13/2024

Co-Listed By

Susan Doig

Charlesgate Realty Group, llc

Last Buyer's Agent

Daniel Turetsky

DT 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,696

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Waterfront

Property Views

  • Ocean
  • Bay
  • Harbor

Home Design

  • 3,937 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Common or Shared Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 6 Heating Zones

Listing and Financial Details

  • Total Actual Rent $8,200
  • Assessor Parcel Number M:026 L:003

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,696

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 3937
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: NB1520
  • LIST PRICE PER Sq Ft: 215.9
  • PRICE PER Sq Ft: 213.87
  • MAIN SO: AC2141

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Common, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:026 L:003
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 128
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10696
  • Tax Book Number: 31141

Multi Family

  • Gross Income: 82800
  • Net Operating Income: 82800
  • Number Of Units Total: 6
  • Total Actual Rent: 8200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1
  • Waterview: Bay, Harbor, Ocean

Range of Values:

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Average Value
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List Price
Sold Price
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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
04/16/2024 04/16/24 Sold $842,000 -0.9% $214 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $850,000 -- $216 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cathie Curran

    Seller's Agent in 2024

    Cathie Curran

    Charlesgate Realty Group, llc

    (617) 846-6613

    7 in this area

    35 Total Sales

    Cathie Curran
    Section Image
  • Susan Doig

    Seller Co-Listing Agent in 2024

    Susan Doig

    Charlesgate Realty Group, llc

    (617) 504-4381

    3 in this area

    38 Total Sales

    Susan Doig
    Section Image

  • D

    Buyer's Agent in 2024

    Daniel Turetsky

    DT 1 Realty

    (617) 319-5983

    1 in this area

    9 Total Sales

    Daniel Turetsky
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73211651

MLS Property Information Network (MLS PIN)

Massachusetts Suffolk County Winthrop 02152 Cottage Hill

586 Shirley St, Winthrop, MA

This home is located at 586 Shirley St, Winthrop, MA 02152 since 13 March 2024. This property was built in 1900. 586 Shirley St is a home located in Suffolk County with nearby schools including William P. Gorman/Fort Banks Elementary School, Arthur T. Cummings Elementary School, and Winthrop Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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