Exceptional opportunity to live where you work. Situated on a corner lot with off-street parking, this unique property offers endless possibilities for investors, developers, or owner-occupants.The ground level features professional office space complete with a reception area, conference room, workspace, and 1/2 bath. Also included is a vacant 2-level, 2-bedroom, 1.5-bath unit that has been beautifully and completely renovated, featuring ocean views from the bedrm.In addition, the property offers a spacious 5-room, 3-bedroom, 1-bath unit and a large basement for added flexibility and storage.Conveniently located in a high-traffic area near schools, restaurants, and shops, just minutes from the public beach and major highway access. Potential to expand to 8-12 micro units. Buyers are encouraged to consult the Winthrop Bldg Dept. regarding the pot. expansion.Current tenants at will Ofc $2,500 U2 (3)bed $2,500 unit 3vacant *PLANS ATTACHED FOR POSS. 1BED UNITS W/OFC
This home has been viewed 8 times
Last Checked: June 19th, 2026 at 9:43am (Source: MLS PIN #73515977)
Gross Income: $60,000
Gross Expenses: $6,980
Net Income Calc: $53,020
Water Views
Annual Expenses for 193-195 Winthrop St, Winthrop MA 02152
Total Gross Expenses (Calculated)$6,980/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6980.32
Annual Income & Unit Breakdown for 193-195 Winthrop St, Winthrop MA 02152
Total Gross Income (Calculated)$60,000
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
General Information for 193-195 Winthrop St, Winthrop MA 02152
Listing ID73515977
Property TypeMulti Family
Price1300000 ($464.45/SqFt)
StyleMulti Family
CityWinthrop
CountySuffolk
Neighborhood(s)
Approximate Living Area Total2799
Approximate Lot Size (Acres)0.06
Total Parking5
Garage Parking0
Year Built1880
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Area999999
Foundation Description
Accessible Features
Outdoor Space
Zoningcenter dis
Water ViewsYes
Water Views FeaturesBay
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 193-195 Winthrop St, Winthrop MA 02152
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data Source
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 193-195 Winthrop St, Winthrop MA 02152
Real Estate Taxes6980.32
Tax Year2026
Assessed Value$313,300
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 193-195 Winthrop St, Winthrop MA 02152
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 193-195 Winthrop St, Winthrop MA 02152