First time on the market in more than 50 years. Enjoy gorgeous water views from this extra spacious 2 family home located in sought after Highlands neighborhood. Unit 1 features 5 rooms, including a large L-shaped living room with fireplace, formal dining room with china cabinet, eat-in kitchen, 2 bedrooms, full bath and front and rear porches. Unit 2 features a big living room with fireplace, formal dining room, open to the eat-in-kitchen. There's 2 spacious bedrooms, a full tiled bath, front and rear porches, and a large, walk-up third floor finished space. Other features include a huge basement, beautiful hardwood floors, high ceilings, loads of natural light, nice yard and a big 4 car driveway. Both units have separate utilities. Unit 2 is vacant. New roof in 2023. House needs work on the interior and the property is being sold as is.Perfect for a condo conversion.
This home has been viewed 23 times
Last Checked: December 13th, 2025 at 7:03am (Source: MLS PIN #73461827)
Gross Income: $18,000
Gross Expenses: $7,886
Net Income Calc: $10,114
CAP Rate: 0.90%
Water Views
Annual Expenses for 169 Grovers Ave, Winthrop MA 02152
Total Gross Expenses (Calculated)$7,886/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,886
Annual Income & Unit Breakdown for 169 Grovers Ave, Winthrop MA 02152
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 169 Grovers Ave, Winthrop MA 02152
Listing ID73461827
Property TypeMulti Family
Price$1,125,000 ($386.86/SqFt)
StyleMulti Family
CityWinthrop
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total2,908 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1904
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck, Porch
ZoningRes
Zoning Details
Water ViewsYes
Water Views Features
WaterfrontNo
Waterfront Features0 To 1/10 Mile To Beach
Energy Features
Terms
Disclosures for 169 Grovers Ave, Winthrop MA 02152
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$18,000
Total Net Income By Broker$18,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 169 Grovers Ave, Winthrop MA 02152
Real Estate Taxes$7,886
Tax Year2025
Assessed Value$764,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$18,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)0.90%
Location Information for 169 Grovers Ave, Winthrop MA 02152
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 169 Grovers Ave, Winthrop MA 02152