$850,000
OPEN SAT 1PM - 2:30PM

Estimated payment $5,164/month

Total Views 65
4 Beds
2.5 Baths
2,000 Sq Ft
$425 Price per Sq Ft

Highlights

  • Ocean View
  • 1 Fireplace
  • Combination Dining and Living Room
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 2-minute walk to Crest Avenue Park

About This Home

Welcome to this well-maintained 2-family property located in the desirable Lower Highlands neighborhood of Winthrop by the Sea. This home is just a short stroll to the beach, shops and local dining! Perfect for homeowners seeking rental income or investors alike! The main unit features 3 bedrooms, 1 bathroom, and a bright, open, inviting living area. A finished family room and half bath on the lower level provide additional space for entertaining, relaxing, or working from home.The second unit, conveniently located on the lower level, offers 1 bedroom and 1 full bath, ideal for extended family, guests, or rental opportunities. Enjoy outdoor living with a large front deck perfect for entertaining and a private, fenced-in yard. Whether you’re looking for a home with income potential or a multi-generational living option, this property combines comfort, location, and charm – all just steps from Winthrop’s beautiful shoreline. Enjoy all that Winthrop by the Sea has to offer!

Listing Agent

Christine D'Ambrosio

Lantern Residential Listed on: 09/04/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1966

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Ocean Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 5,000 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Net Operating Income $19,800

Listing and Financial Details

  • Assessor Parcel Number M:063 L:038,1424869

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,813

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • Levels: 3
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Finished
  • Above Grade Finished Sq Ft: 2000
  • Living Area: 2000
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7191
  • LIST PRICE PER Sq Ft: 425
  • PRICE PER Sq Ft: 425

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:063 L:038,1424869
  • 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: 28

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6813
  • Tax Book Number: 27105

Multi Family

  • Gross Income: 19800
  • Net Operating Income: 19800
  • Number Of Units Total: 2
  • Total Actual Rent: 1650
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1
  • Waterview: Ocean

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,813 $660,200 $337,100 $323,100
2024 $6,611 $634,500 $324,000 $310,500
2023 $6,640 $620,600 $296,500 $324,100
2022 $6,540 $556,100 $264,900 $291,200
2021 $6,389 $503,900 $236,500 $267,400
2020 $6,243 $494,700 $236,500 $258,200
2019 $6,131 $465,200 $218,000 $247,200
2018 $6,123 $432,400 $187,100 $245,300
2017 $5,587 $387,700 $165,600 $222,100
2016 $5,486 $356,900 $144,000 $212,900
2015 $4,880 $340,300 $139,800 $200,500
2014 $4,733 $303,800 $130,000 $173,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $850,000 -- $425 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $352,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Previous Owner $50,000 Balloon
Previous Owner $295,000 Unknown
Previous Owner $272,000 No Value Available
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73426322

MLS Property Information Network (MLS PIN)

APN: WINT-000063-000000-000038