17 Cutler Street

Winthrop, MA 02152

$3,000,000
Last Sold Price
12
Beds
12
Baths
7,092 Sq. Ft.
$423 / Sq. Ft.
7,092
Sq. Ft.
$423
per Sq. Ft.

Description

Calling all investors! 12 Unit Multi-Family for sale! This property has 3 levels and each unit has 1 bedroom, 1 full bathroom, and an open floor plan kitchen and living area. Two common coin-operated washers and dryers in the basement. Each unit has updated baths and kitchens with granite counters and stainless steel appliances. Hardwood floors throughout. All units are currently rented. This property is located just steps from Winthrop Beach and is moments from golf courses, restaurants, and more....Calling all investors! 12 Unit Multi-Family for sale! This property has 3 levels and each unit has 1 bedroom, 1 full bathroom, and an open floor plan kitchen and living area. Two common coin-operated washers and dryers in the basement. Each unit has updated baths and kitchens with granite counters and stainless steel appliances. Hardwood floors throughout. All units are currently rented. This property is located just steps from Winthrop Beach and is moments from golf courses, restaurants, and more. Easy accessible to Boston and Logan Airport, making it attractive for commuters.
  1. Listed by Team Lillian Montalto • Lillian Montalto Signature Properties

Property Details for 17 Cutler Street

Town
Winthrop
Area
MA-Winthrop
Garage Spaces
0
Parking Spaces
.00

Location

Listing Courtesy of Lillian Montalto Signature Properties, Team Lillian Montalto

Sold By Lillian Montalto Signature Properties, Team Lillian Montalto

Add your commute
LISTING UPDATED: 08/06/2022 07:40 AM

Property Details for 17 Cutler Street

StatusSold
MLS #72823760
Days on Market46
Taxes$14,744 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountySuffolk County

Location

Listing Courtesy of Lillian Montalto Signature Properties, Team Lillian Montalto

Sold By Lillian Montalto Signature Properties, Team Lillian Montalto

Add your commute

Building Information for 17 Cutler Street

Stories9Residences12Year Built1900Building Size-Lot Size0.11 AC / 4,830 SF

Payment Calculator

$17,601 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$1,229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17 Cutler Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Highway Access, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 7092.0
  • Total Units: 12
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Unit 3(Range, Unit 4(Range, Tankless Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 12.0
  • Num of Full Baths: 12
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 12.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Tile Floor, Unit 4(Tile Floor
  • Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower, Open Floor Plan), Unit 2(Ceiling Fans, Unit 3(Ceiling Fans, Unit 4(Ceiling Fans, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony
  • Exterior Features: Balcony, Porch, Deck
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Rubber
  • View: City View(s), Scenic View(s)
  • View: Yes
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Ocean
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: On Street Permit
  • Open Parking: Yes
  • Parking Features: On Street Permit
  • Parking Features: On Street Permit
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Cooling: No
  • Green Energy Generation: Solar
  • Heating: Hot Water, Other, Unit 1(Hot Water Radiators, Other (See Remarks)), Unit 2(Hot Water Radiators, Unit 3(Hot Water Radiators, Unit 4(Hot Water Radiators
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Gas expense in expenses includes gas and electricity. Navien hot water system for heating. 12 units in building. Agent is related to seller.
Tax Information
  • Tax ID: M:039 L:110,1422871
  • Assessments: $1,162,800
  • Book: 49487
  • Tax Year: 2021
  • Zoning: COM-RES
Building / Association Information
Living Characteristics
  • Beds Total: 12
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $215,400.00
  • Gross Scheduled Income: $2,136.00
  • Insurance: $14,977.00
  • GRE: $53,846
  • HTE: $0
  • MSE: $2,500
  • RFS: $1,839
  • RME: $3,500
  • NOI: $155,092.00
  • Operating Expense: $53,846.00
  • WSE: $8,485.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $17,950.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 17 Cutler Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17 Cutler Street

Taxable ValueLand$828,000Additions$1,934,600Total$2,762,600
Tax Record2024$28,786 ($2,399 / month)
Home Facts
Total Finished SqFt7,092 SqFtAbove Grade Finished SqFt7,092 SqFtStories3Lot Size4,842 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountySUFFOLKAPNWINT M:039 L:110

Schools near 17 Cutler Street

This home is within Winthrop School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 12
Public - 3 to 5
Public - 6 to 8
Rating
School
Distance
Winthrop Sr High School
PublicPK to 12

Arthur T. Cummings Elementary School
Public3 to 5

Winthrop Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lillian Montalto Signature Properties, Team Lillian Montalto

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.