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Expired

43 Hutchinson Street, Winthrop MA 02152

$925,000

Estimated $2,171/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $308,333.33

Total Rent: 71160/year

Estimated CAP Rate:

6 Bedrooms

Baths

3163

Total Parking: 0

4,356 (0.10)

Large recently renovated 3 Family in sought after Winthrop Highlands! Great for an owner occupant or an investor looking to jump into the Winthrop community. Property has had a number of recent enhancements including cosmetically renovated units 1 & 2 (2019), new high efficiency heating system U2 (2019), foundation repointed with new french drain in basement (2022), new front retaining wall (2022), new deck/egress (2022) and several others, making this property a desirable future investment. Additional expansion opportunities exist (as permitted by Winthrop building dept). The best of both worlds with being walking distance to the ocean (no flood insurance required), but only with a short trip into the city. Washers & dryers in basement.

This home has been viewed 74 times

Last Checked: May 7th, 2024 at 4:31am (Source: MLS PIN #73073292)

Gross Income: $71,160

Gross Expenses: $8,057

Net Income Calc: $63,103

Annual Expenses for 43 Hutchinson Street, Winthrop MA 02152

Total Gross Expenses (Calculated)$8,057/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8057.1

Annual Income & Unit Breakdown for 43 Hutchinson Street, Winthrop MA 02152

Total Gross Income (Calculated)$71,160

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 43 Hutchinson Street, Winthrop MA 02152

Listing ID73073292

Property TypeMulti Family / 3 Family

Price925000 ($292.44/SqFt)

Style3 Family - 3 Units Up/down

CityWinthrop

CountySuffolk

MLS AreaWinthrop Highlands

Neighborhood(s)

Approximate Living Area Total3163

Approximate Lot Size (Acres)0.1

Total Parking0

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningRES A

Water Views

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 43 Hutchinson Street, Winthrop MA 02152

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnNet Sale Price

Financial Information for 43 Hutchinson Street, Winthrop MA 02152

Real Estate Taxes8057.1

Tax Year2023

Assessed Value$753,000

Financial Data Source

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 43 Hutchinson Street, Winthrop MA 02152

Neighborhood(s)

MLS AreaWinthrop Highlands

Area Amenities

Contact Information for 43 Hutchinson Street, Winthrop MA 02152

Agent

Name: Matthew Wessels

Office

Name: Broad Sound Real Estate, LLC

Phone: 978-423-7782

Payment Calculator

, Interest

Property Taxes 671.43

Principal & Interest 5699.56

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Broad Sound Real Estate, LLC

Matthew Wessels

Agent Phone

Office Phone

(978) 423-7782

Text Agent Call Agent Call Office

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    [unparsed] => 43 Hutchinson Street, Winthrop MA 02152
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EXIT

24 More Photos

Expired

43 Hutchinson Street, Winthrop MA 02152

$925,000

Annual Expenses for 43 Hutchinson Street, Winthrop MA 02152

Annual Income & Unit Breakdown for 43 Hutchinson Street, Winthrop MA 02152

General Information for 43 Hutchinson Street, Winthrop MA 02152

Disclosures for 43 Hutchinson Street, Winthrop MA 02152

Financial Information for 43 Hutchinson Street, Winthrop MA 02152

Location Information for 43 Hutchinson Street, Winthrop MA 02152

Contact Information for 43 Hutchinson Street, Winthrop MA 02152

Agent

Office

Payment Calculator

Exclusive Listing Agent

Broad Sound Real Estate, LLC

Matthew Wessels