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You are here:
Home Massachusetts Winthrop Multi-Family Homes for Sale

59-61-63 Coral Ave Winthrop, MA 02152

Contingent
21 Photos
$1,699,000
4 Unit
10 Beds
4 Baths
4626 SQFT
0.08 Acre
59-61-63 Coral Ave
Winthrop, MA 02152

Property Description

Welcome to 59-61-63 Coral Ave, your seaside oasis in Winthrop. This captivating legal 4-unit building boasts a prime location right on the ocean, offering breathtaking views that will leave you in awe. At the heart of this property is the owner's unit, a luxurious retreat featuring 3 spacious bedrooms, a large kitchen adorned with granite counters and stainless appliances complemented by elegant hardwood floors throughout. Step onto not one, but two private balconies, each offering panoramic vistas of the tranquil ocean, perfect for unwinding or entertaining guests against the backdrop of the setting sun. Additionally, three rental units provide flexible living arrangements including a 4-bedroom unit with a large private balcony, a 2-bedroom unit and a cozy 1-bedroom unit, catering to a variety of needs and preferences. In addition, this prime location is directly across from the beach with easy access to public transportation, the ferry, Logan Airport and many local treasured spots.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 10
  • Total Full Baths: 4
  • Amenities: Golf Course, Laundromat, Marina, Park, Public School, Public Transportation, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Bulkhead, Full

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 88800
  • Net Operating Income: 88800

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: 220 Volts, At Street
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73231975
  • Last Updated: 05/13/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/13/2024Contingent$1,699,000$367MLSPIN
05/06/2024Active$1,699,000$367MLSPIN
05/02/2024New$1,699,000$367MLSPIN

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View Breakdown

Seller's Representative: Erica Gore, Century 21 Seaport
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-05-13 15:55:00