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Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,688 sqft
Price per Sqft $336
MLS Listing ID 73475129
Sold Date 04/16/26
Bedrooms 7
Full Baths 4
Year Built 1912
Annual Tax Amount $8,970
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 Family
Property Description
Well-located 4-family investment property in the heart of Winthrop's Cottage Hill neighborhood. 10–12 Charles Street offers four separately metered units totaling 3,688 square feet on a 6,127 sq ft lot, with strong in-place income and upside. The unit mix consists of two larger units and two one-bedroom units, appealing to both long-term renters and owner-occupants seeking supplemental income. Current rents total approximately $8,550 per month, with additional room for optimization over time. The property features off-street parking for six vehicles, a major value driver in this coastal submarket, along with a full unfinished basement ideal for storage and future improvements. Several units have been refreshed, providing a solid balance of immediate cash flow and long-term capital improvement potential. Located just blocks from the ocean, public transportation, schools, and Winthrop Center amenities, this asset benefits from strong rental demand driven by proximity to Boston & Logan.
Location
State MA
County Suffolk
Area Cottage Hill
Zoning res
Direction Shirley Street - Moore Street - Charles Street / Use GPS
Rooms
Basement Full, Unfinished
Interior
Flooring Wood, Vinyl
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, Marina, Public School, T-Station, Sidewalks
Waterfront Description Ocean,0 to 1/10 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Flood Plain
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Juan Cano • Broad Sound Real Estate, LLC
NEARBY SCHOOLS & BUSINESSES
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Agent | License ID: 9501687
491 Maple St, Ste # 105;, Danvers, Massachusetts, 01923, United States



