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

10-12 Charles St

Cottage Hill - Winthrop, MA ID #73475129

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10-12 Charles St

Cottage Hill - Winthrop, MA ID #73475129

Property Description

Well-located 4-family investment property in the heart of Winthrop’s Cottage Hill neighborhood. 10–12 Charles Street offers four separately metered units totaling 3,688 square feet on a 6,127 sq ft lot, with strong in-place income and upside. The unit mix consists of two larger units and two one-bedroom units, appealing to both long-term renters and owner-occupants seeking supplemental income. Current rents total approximately $8,550 per month, with additional room for optimization over time. The property features off-street parking for six vehicles, a major value driver in this coastal submarket, along with a full unfinished basement ideal for storage and future improvements. Several units have been refreshed, providing a solid balance of immediate cash flow and long-term capital improvement potential. Located just blocks from the ocean, public transportation, schools, and Winthrop Center amenities, this asset benefits from strong rental demand driven by proximity to Boston & Logan.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 4 Family
  • Area: Cottage Hill
  • Zip Code: 02152
  • Taxes: 8,970
  • Levels: 2
  • Acres: 0.14

Parking

  • Garage Capacity: 6
  • Parking: Paved Drive, Off Street, Leased, Paved
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 4
  • Total Floors: 2
  • Total Rooms: 14

Location

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10-12 Charles St, 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 Reserve Team of Reference Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.