A rare opportunity to own a 4-unit multi-family investment property in one of Winthrop's most sought-after coastal locations, just minutes from downtown Boston and Logan Airport. This value-add asset offers an ideal mix for investors and owner-occupants alike. The property features one three-bedroom apartment, one two-bedroom apartment, and two studio units. The three-bedroom, two-bedroom, and one studio apartments are currently leased, and the remaining studio will be delivered vacant. Three off-street parking spaces come with the property. Set on a 4,075± sq ft lot in a supply-constrained market with strong, year-round rental demand, the property delivers a compelling blend of in-place income and future growth potential through both rent increases and value-addition. Steps to the beach, Winthrop Golf Club, and the heart of Shirley Street, come see everything that this property has to offer.
This home has been viewed 8 times
Last Checked: June 11th, 2026 at 8:38pm (Source: MLS PIN #73534385)
Gross Income: $70,800
Gross Expenses: $19,861
Net Income Calc: $50,939
Water Views
Annual Expenses for 32 Irwin St, Winthrop MA 02152
Total Gross Expenses (Calculated)$19,861/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9238
Annual Income & Unit Breakdown for 32 Irwin St, Winthrop MA 02152
Total Gross Income (Calculated)$70,800
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseY
Bedrooms0
Bathrooms1 Full
Floor3
Levels in Unit1
Rent IncludesHeat
General Information for 32 Irwin St, Winthrop MA 02152
Listing ID73534385
Property TypeMulti Family / 4 Family
Price1100000 ($373.01/SqFt)
Style4 Family
CityWinthrop
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2949
Approximate Lot Size (Acres)0.09
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR3
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 32 Irwin St, Winthrop MA 02152
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsMirror In Dining Room And Entrance Hall
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 32 Irwin St, Winthrop MA 02152
Real Estate Taxes9238
Tax Year2026
Assessed Value$829,300
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 32 Irwin St, Winthrop MA 02152
Elementary SchoolGorman Fort Banks
Middle SchoolWinthrop Middle
High SchoolWinthrop High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 32 Irwin St, Winthrop MA 02152