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50 Pleasant St, Winthrop MA 02152

$1,050,000

Estimated $2,400.07/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $350,000

Total Rent: 87000/year

Estimated CAP Rate: 6.66%

6 Bedrooms

4 Full Baths

3,165 SqFt

Total Parking: 5 (1 Garage)

4,000 SqFt

50 Pleasant Street in Winthrop, MA is a spacious multi-family home that is now on the market. This property features 6 bedrooms, 4 full bathrooms and spans four floors, resulting in ample space for families, owner occupied, or investors. The First unit is a walk in level from the front door and features 2 beds and 1 bath, and has some views of fisherman's bend and has laundry in unit. Unit 2 is a bi-level unit, great for owner occupants. On one level a formal dining area, or 4th bedroom lies with two closets, one being the utility room with a tankless navian for hot water and heat. The living room and kitchen sit adjacent to one another and access to the rear of the property is off the kitchen. Around the corner is a full bath with a clawfoot tub & separate shower. Head to the top floor where two more beds and another bath exist, including an owners suite and your laundry. The lower level has a small apartment that is 1 bed 1 bath. 4 car parking, a garage, and additional storage exists

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 3:01am (Source: MLS PIN #73073397)

Gross Income: $87,000

Gross Expenses: $17,020

Net Income Calc: $69,980

CAP Rate: 6.66%

Beach Front

Annual Expenses for 50 Pleasant St, Winthrop MA 02152

Total Gross Expenses (Calculated)$17,020/year

APOD AvailableNo

Heating

Electricity$1,800

Water$2,400

Gas$2,400

Insurance$2,800

Sewer$2,400

Trash Removal$450

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,370

Annual Income & Unit Breakdown for 50 Pleasant St, Winthrop MA 02152

Total Gross Income (Calculated)$87,000

Unit 1

Rental Income$2,775

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 2(water), Unit 1(heat, Hot Water), Unit 3(heat

Unit 2

Rental Income$2,725

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 2(water), Unit 1(heat, Hot Water), Unit 3(heat

Unit 3

Rental Income$1,750

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesElectric, Gas, Water, Unit 2(water), Unit 1(heat, Hot Water), Unit 3(heat

General Information for 50 Pleasant St, Winthrop MA 02152

Listing ID73073397

Property TypeMulti Family / 3 Family

Price$1,050,000 ($331.75/SqFt)

Style3 Family

CityWinthrop

CountySuffolk

MLS Area

Neighborhood(s)

Approximate Living Area Total3,165 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking5 (1 Garage)

Garage Parking1 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Brick

Lot FeaturesGentle Sloping, Corner Lot

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor Space

ZoningR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesHarbor, Ocean, Walk To, Beach Front, Beach Ownership(public), 0 To 1/10 Mile To Beach, Lake/pond

Energy Features

Terms

Disclosures for 50 Pleasant St, Winthrop MA 02152

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureMeasured with floor plans

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$8,200

Total Gross Income By Broker$87,000

Total Net Income By Broker$78,350

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation0%%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 50 Pleasant St, Winthrop MA 02152

Real Estate Taxes$8,370

Tax Year2022

Assessed Value$711,700

Financial Data SourcePro. Forma Available

Total Gross Expenses By Broker$8,200

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$87,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$78,350

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.66%

Location Information for 50 Pleasant St, Winthrop MA 02152

Elementary SchoolAt Cummings

Middle SchoolWinthrop

High SchoolWinthrop

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Marina

Contact Information for 50 Pleasant St, Winthrop MA 02152

Agent

Name: The Reference Group

Office

Name: Reference Real Estate

Phone: 781-342-0052

Team Members

Name: Malika Bensalah

Phone: 857-258-3156

Payment Calculator

, Interest

Property Taxes 697.5

Principal & Interest 6469.77

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Reference Real Estate

The Reference Group

Agent Phone

Office Phone

(781) 342-0052

Text Agent Call Agent Call Office

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)

EXIT

Closed

50 Pleasant St, Winthrop MA 02152

$1,050,000

Annual Expenses for 50 Pleasant St, Winthrop MA 02152

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Financial Information for 50 Pleasant St, Winthrop MA 02152

Location Information for 50 Pleasant St, Winthrop MA 02152

Contact Information for 50 Pleasant St, Winthrop MA 02152

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