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80 Read Street, Winthrop MA 02152

$699,000

Estimated $1,652/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,500

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2500

Total Parking: 3

4,792 (0.11)

Welcome to 80 Read Street. This property is available for the first time in decades, and offers an opportunity for a first-time Buyer or seasoned investor to snag an entry level income property. At a manageable ~2500sqft, this two family property features two units with two bedrooms each. Unit #1 is a traditional flat, with single level living. Upstairs, Unit #2 has a bonus room on the third floor. This room has been used as a bedroom in the past, but is well suited for a home office or extra storage. Winthrop is a gorgeous seaside community, just a couple miles from Downtown Boston. The MBTA Blue Line Station at Orient Heights is a short stroll from 80 Read Street, and the bus stops right at the end of the street.

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 5:46am (Source: MLS PIN #73096784)

Gross Income: $0

Gross Expenses: $6,223

Net Income Calc: $6,223

Water Views

Annual Expenses for 80 Read Street, Winthrop MA 02152

Total Gross Expenses (Calculated)$6,223/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6223.12

Annual Income & Unit Breakdown for 80 Read Street, Winthrop MA 02152

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 80 Read Street, Winthrop MA 02152

Listing ID73096784

Property TypeMulti Family / 2 Family

Price699000 ($279.6/SqFt)

Style2 Family - 2 Units Up/down

CityWinthrop

CountySuffolk

MLS AreaWinthrop Center

Neighborhood(s)

Approximate Living Area Total2500

Approximate Lot Size (Acres)0.11

Total Parking3

Garage Parking0

Year Built1926

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 Space

ZoningR1

Water ViewsNo

Water Views Features

Waterfront FeaturesRiver

Terms

Disclosures for 80 Read Street, Winthrop MA 02152

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsGenerator

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 80 Read Street, Winthrop MA 02152

Real Estate Taxes6223.12

Tax Year2023

Assessed Value$581,600

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 80 Read Street, Winthrop MA 02152

Neighborhood(s)

MLS AreaWinthrop Center

Area AmenitiesWalk/jog Trails

Contact Information for 80 Read Street, Winthrop MA 02152

Agent

Name: Stephen Hines

Office

Name: Lantern Residential

Phone: 617-207-1974

Payment Calculator

, Interest

Property Taxes 518.59

Principal & Interest 4307.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lantern Residential

Stephen Hines

Agent Phone

Office Phone

(617) 207-1974

Text Agent Call Agent Call Office

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    [description] => Welcome to 80 Read Street. This property is available for the first time in decades, and offers an opportunity for a first-time Buyer or seasoned investor to snag an entry level income property. At a manageable ~2500sqft, this two family property features two units with two bedrooms each. Unit #1 is a traditional flat, with single level living. Upstairs, Unit #2 has a bonus room on the third floor. This room has been used as a bedroom in the past, but is well suited for a home office or extra storage. Winthrop is a gorgeous seaside community, just a couple miles from Downtown Boston. The MBTA Blue Line Station at Orient Heights is a short stroll from 80 Read Street, and the bus stops right at the end of the street.
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    [unparsed] => 80 Read Street, Winthrop MA 02152
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EXIT

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