Active
90 Days on market
32 Irwin St Winthrop — Photo 1 of 37

32 Irwin St Winthrop — Photo 1 of 37

$1,100,000

32 Irwin St, Winthrop, MA 02152

Winthrop, MA 02152

Beds

6

Baths

4

SqFt

2,949

Style

3 Family

Built

1900

A rare opportunity to own a 3-unit multi-family investment property with a fourth apartment in one of Winthrop's most sought-after coastal locations, just minutes from downtown Boston and Logan Airport. This asset offers an ideal mix for investors and owner-occupants alike. The property features one three-bedroom apartment, one two-bedroom apartment, one one-bedroom apartment, and one studio unit. The one-bedroom apartment is currently rented and will be conveyed with the property. The two-bedroom and three-bedroom apartments will be delivered vacant at closing. The owner is currently marketing the studio for rent. Three off-street parking spaces come with the property. Set on a 4,075± sq ft lot in a supply-constrained market with strong, year-round rental demand, the property delivers a compelling blend of in-place income and future growth potential through both rent increases and value-addition. Steps to the beach, Winthrop Golf Club, and the heart of Shirley Street - come see everything that this property has to offer.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$373/sqft
Local Avg (Winthrop)$422/sqft
12% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Winthrop, MA.

Property Details

Financials

Original Price$1,100,000
Annual Taxes$9,238

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms14
FireplacesNone
FlooringHardwood
BasementUnfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Brick/Mortar
ZoningR3

Property & Lot

Acres0.09
SqFt Lot4,075
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Golf • Laundromat • House of Worship • Marina

Geography

Population

18,759

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$116K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

43.1%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Michael Giannone

Listing Office: The Aland Realty Group LLC

MLS® Number: 73534385

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