Coldwell Banker Realty - Lynnfield
Lynn D'Avolio, Coldwell Banker Realty - LynnfieldPhone: (801) 597-2857
Email: [email protected]
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listing
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MultifamilyFor Sale
$1,150,000
11 Neptune Ave
Winthrop, MA 02152
Courtesy of Horvath & Tremblay - Stephen Girolamo
MLS Property Information Network
9Beds
4Full1Half Baths
3,301Sq Ft
Est. Mortgage
$6,036/mo

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.

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Information courtesy of Horvath & Tremblay is subject to verification and is not guaranteed.
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