Three-Level
11-15 Sturgis Street, Winthrop, MA 02152
For Sale
New
$835,000
Two separate residences offer in-unit laundry hookups and individual utility services.
Property Size2,424 SF
Days on Market6
Property Features for 11-15 Sturgis Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry hook ups
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Charlesgate Realty Group, llc
Listed By:
Mary Ann Cash
(617) 846-1234
Source:
Jonathanradford
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 6 at 6:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Charlesgate Realty Group, llc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex, built in 1900, contains two residences, each arranged across three levels with three bedrooms, 1.5 bathrooms and laundry hookups. The sides have separate utilities. The property needs updating, and assigned off-street parking is available for two cars.
The property is steps from the ocean, with public transportation to the Blue Line and eateries nearby. On-street parking is also available by permit.
The property is steps from the ocean, with public transportation to the Blue Line and eateries nearby. On-street parking is also available by permit.
Key Highlights
- Two residences, each with three levels, three bedrooms and 1.5 bathrooms
- Separate utilities for each side
- In‑unit laundry hookups in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,180
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,600
$923.6K
Cap Rate 7%
$659,714
$659.7K
Cap Rate 9%
$513,111
$513.1K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$69.8K $28.80/SF
− Vacancy
−$3.8K −$1.58/SF
EGI
$66.0K $27.22/SF
− OpEx
−$19.8K −$8.16/SF
NOI
$46.2K $19.05/SF
Area
Suffolk County, MA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,600
Cap Rate 7%
$659,714
Cap Rate 9%
$513,111
Alternative Uses
Best Use
Multifamily LT 5
$659.7K
$577.3K – $769.7K
NOI $46,180 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$601.5K
$526.4K – $701.8K
NOI $42,108 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$1.43M
$1.26M – $1.67M
NOI $100,450 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
293
Businesses Nearby
Explore this area
Business Placement
Demographics for 02152, MA
19,316
Population
8,467
Households
2.3
Avg Household Size
44
Median Age
43%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
11,362
Density / Sq Mi
$106,357
Median Household Income
$68,062
Median Earnings
$1,909
Median Rent
$606,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Suffolk County, MA
Properties on Market for Duplexes in Suffolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer in-unit laundry hookups and individual utility services.
Where is this duplex located?
The property is located at 11-15 Sturgis Street Winthrop, MA.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: Two residences, each with three levels, three bedrooms and 1.5 bathrooms; Separate utilities for each side; In‑unit laundry hookups in both residences
