NOT LISTED FOR SALE
99 Beds
198 Baths
14,462 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: July 27, 2022

Last sale price $5,250,000 $363 Per Sq Ft

159 Days on Market

Highlights

  • 0.29 Acre Lot
  • 99 Fireplaces
  • 99 Car Garage
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of July 2022

This offering presents the opportunity to acquire the a 24-unit value-add portfolio located in Winthrop, Massachusetts. The property consists of a 22-unit building, 2-family home, and large parking lot located in a desirable location close to the town center. The offering consists of a collection of one and two bedroom units, large parking lot that offers future development potential as well as a long term cell phone tower lease. The offerings provides investors the opportunity to purchase a value add asset in close proximity to Boston, MA.

Last Agent to Sell the Property

Kevin Benzinger

Boston Realty Advisors Listed on: 11/09/2021

Last Buyer's Agent

Kevin Benzinger

Boston Realty Advisors Listed on: 11/09/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 12,472 Sq Ft Lot

Parking

  • 99 Car Garage

Interior Spaces

  • 14,462 Sq Ft Home
  • Property has 1 Level
  • 99 Fireplaces

Bedrooms and Bathrooms

  • 99 Bedrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 24 Units

Listing and Financial Details

  • Total Actual Rent $99

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.29 Acres

Parking

99

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other, Other (See Remarks)
  • Fireplace YN: Yes
  • Fireplaces: 99
  • Appliances: Other
  • Total Bedrooms: 99
  • Full Bathrooms: 99
  • Half Bathrooms: 99
  • Total Bathrooms: 198
  • Living Area: 14462
  • Stories Total: 3
  • MAIN LO: NB9260
  • MAIN SO: NB9260

Exterior Features

  • Foundation Details: Other
  • Waterfront Features: Beach Front, Unknown To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 99
  • Covered Parking Spaces: 99
  • Garage YN: Yes
  • Total Parking Spaces: 24

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Zoning: 99
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12472
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 99
  • Tax Annual Amount: 99

Multi Family

  • Number Of Units Total: 24
  • Total Actual Rent: 99
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
07/27/2022 07/27/22 Sold $5,250,000 -0.9% $363 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $5,300,000 -- $366 / 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 $42,688 $4,136,400 $1,587,000 $2,549,400
2024 $42,535 $4,082,100 $1,587,000 $2,495,100
2023 $43,389 $4,055,000 $1,578,000 $2,477,000
2022 $24,422 $2,076,700 $692,300 $1,384,400
2021 $24,942 $1,967,000 $692,300 $1,274,700
2020 $24,447 $1,937,200 $692,300 $1,244,900
2019 $23,430 $1,777,700 $692,300 $1,085,400
2018 $23,132 $1,633,600 $598,000 $1,035,600
2017 $22,160 $1,537,800 $552,000 $985,800
2016 $22,717 $1,478,000 $552,000 $926,000
2015 $20,764 $1,448,000 $552,000 $896,000
2014 $20,996 $1,347,600 $451,600 $896,000
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72917947

MLS Property Information Network (MLS PIN)
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