Two-Unit Residential Income
19 Moore Street Winthrop, MA 02152
19 Moore Street, Winthrop, MA, 02152
$829,974
For Sale
$829,974
Well-maintained two-family with two- and three-bedroom units, hardwood floors, and recent mechanical upgrades.
Property Size2,212 SF
Price / SF$375.21
Days on Market135
Property Features for 19 Moore Street
General Information
- Standard status
- Active
- Size
- 2,212 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1890
Listing agency
United Brokers
(781) 629-2258
Listed by
Mission Impossible Team
(781) 629-2258
Source
Compass
Added: Mar 9 Updated: Jul 21 at 4:29AM Checked: Jul 21 at 4:29AM
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 United Brokers
Investment Insights
Based on property information with market context.
This well-maintained two-family property offers a flexible setup with a 2-bedroom unit on the first floor and a second unit featuring 3 bedrooms and 1.5 baths arranged across two levels. Both units have hardwood floors and fresh interior paint. Unit 1 includes a decorative fireplace in the living room, and Unit 2 features in-unit laundry and a well-maintained kitchen. Additional basement storage is available, along with a rear porch and a low-maintenance yard.
The property is located one street from the beach. It also has easy access to Boston via ferry, bus, and MBTA, with nearby restaurants and marinas.
Recent major updates include a 2020 roof, a 2024 water heater, and 2024 boilers with separate gas heating systems for each unit.
The property is located one street from the beach. It also has easy access to Boston via ferry, bus, and MBTA, with nearby restaurants and marinas.
Recent major updates include a 2020 roof, a 2024 water heater, and 2024 boilers with separate gas heating systems for each unit.
Key Highlights
- Two‑family home built in 1890 with a 2‑bedroom 1st‑floor unit and a spacious 3‑bedroom, 1.5‑bath 2nd unit across two levels
- Unit 2 is currently rented for $3,650/month; Unit 1 is vacant and ready for owner‑occupant or new tenant
- Hardwood floors throughout both units; Unit 1 includes a decorative living‑room fireplace
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.7k | $28.80 |
| − Vacancy | −$3.5k | −$1.58 |
| EGI | $60.2k | $27.22 |
| − OpEx | −$18.1k | −$8.16 |
| NOI | $42.1k | $19.05 |
2,212 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$602.0K
$526.8K – $702.4K
NOI $42,141 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$548.9K
$480.3K – $640.4K
NOI $38,425 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,665 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family with two- and three-bedroom units, hardwood floors, and recent mechanical upgrades.
Where is this duplex located?
The property is located at 19 Moore Street Winthrop, MA.
What is the asking price?
The asking price for this property is $829,974.
What are key features of this property?
This property features: Two‑family home built in 1890 with a 2‑bedroom 1st‑floor unit and a spacious 3‑bedroom, 1.5‑bath 2nd unit across two levels; Unit 2 is currently rented for $3,650/month; Unit 1 is vacant and ready for owner‑occupant or new tenant; Hardwood floors throughout both units; Unit 1 includes a decorative living‑room fireplace
