Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

11 Neptune Ave

Winthrop, MA ID #73211241

Property Description

The three-story building contains a total of four (4) units, consisting of two (2) 1-Bedroom/1-Bathroom units, one (1) 2-Bedroom/1-Bathroom unit, and one (1), 5-Bedroom/1.5-Bathroom unit with 3,301 square feet of living area in 5,178 square feet of total gross area on a 0.12-acre parcel. The Property is located in a highly sought-after residential neighborhood and is 500 feet from Winthrop Beach and the Atlantic Ocean. In-place rents are below the current market rent for comparable units in the area, offering the Buyer the potential to raise rents and increase revenue through a programmatic upgrade of the common areas and units.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 4 Family
  • Zip Code: 02152
  • Taxes: 10,090
  • Living Levels: 6
  • Acres: 0.12
  • Buying Broker Compensation: 2.5%

Parking

  • Parking: Paved Drive, Off Street
  • Parking Spaces: 4

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 6
  • Total Rooms: 17

Location

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11 Neptune Ave, Winthrop, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Stephen Girolamo of Horvath & Tremblay. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.