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About the Listing AN8944 - TM362024
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.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
73475129
Year Built
1912
Total Square Footage
3,688
Lot/Acreage
0.14
County
Suffolk
Area
Cottage Hill
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances: Range, Refrigerator
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Wood,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Flood Plain,Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: res
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Paved Drive,Off Street,Leased,Paved,Parking Spaces: 6
Financial Details
- Tax Amount: $8,970
- Taxes w/Assessments: $869,200
- Tax/Property ID: M:026 L:046,1421429
- Tax Year: 2025
Payment Calculator
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Questions About..
10-12 Charles St Winthrop, MA 02152
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