36-38 Summit Ave
$1,350,000
6
Beds
5
Baths
4,995
Sqft
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$1,350,000
6
Beds
5
Baths
4,995
Living Area
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Property Description
Great investment opportunity in Winthrop! This property is a 4 family property offering strong rental income potential in a prime location. Each unit features, separate utilities for easy management. The property includes off-street parking, 8-10 spots on large lot, adding to its appeal. Recent updates include newer roof. Located just minutes from Boston, Logan Airport, and public transportation, this home is steps from beaches, parks, and local restaurants, making it highly desirable for tenants. Whether you're an investor or an owner-occupant looking for additional income, this multi-family is a fantastic opportunity in a thriving seaside community.This fully occupied four-family property features reliable, long-term tenants who pay on time and take great care of their units, making it a stress-free investment. With strong rental history and a well-maintained building, this is a rare opportunity for steady income.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 10
- Property Type: 4 Family
- Total Rooms: 16
- Status: Active
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Additional Details
- Basement: Unfinished
- Exclusions: Washer And Dryers And Some Tenants Own Their Own Refrigerator.
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: res
- Construction: Frame
- Foundation: Other
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
- Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Driveway
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,161,200
- Compensation Based On: Net Sale Price
- Taxes: $11,984
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $7,750
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Listing information provided courtesy of Cottage Hill Real Estate.
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