Renovated Two-Family
New
For Sale
$849,000
50-52 Bowdoin Street, Winthrop, MA 02152
Two updated residences offer separate gas and electric service, refreshed kitchens and bathrooms, and outdoor deck space.
Property Size1,920 SF
Price / SF$442.19
Days on Market4
Property Features for 50-52 Bowdoin Street
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
electric, gas
Building Details
Year Built
1930
Listing Agency:
Coldwell Banker Realty - Boston
Listed By:
Mac Chinsomboon
(617) 905-6622
Source:
Hgjohnsonrealestate
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 7:52AM
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 Coldwell Banker Realty - Boston
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated duplex contains 1,920 square feet across two apartments. The upper residence has three bedrooms and one bathroom, with a deck reached through sliding doors from the kitchen. The first-floor apartment includes two bedrooms, one bathroom, and access to a rear deck from the shared corridor. Both units have updated kitchens with stainless steel appliances and granite countertops, as well as renovated bathrooms. Gas and electric service are separately metered for each residence.
Donovan Beach and Winthrop Beach are each about a mile away. The property also has access to the Orient Heights MBTA Blue Line station, Route 1A, and connections to I-90 and I-93. Nearby amenities noted include a golf course, boat club, and public facilities.
Donovan Beach and Winthrop Beach are each about a mile away. The property also has access to the Orient Heights MBTA Blue Line station, Route 1A, and connections to I-90 and I-93. Nearby amenities noted include a golf course, boat club, and public facilities.
Key Highlights
- Two‑unit duplex with 1,920 square feet
- Upper apartment has 3 bedrooms, 1 bathroom, and direct kitchen access to a deck
- First‑floor apartment includes 2 bedrooms, 1 bathroom, and rear deck access from the common corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,578
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$731,560
$731.6K
Cap Rate 7%
$522,543
$522.5K
Cap Rate 9%
$406,422
$406.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$55.3K $28.80/SF
− Vacancy
−$3.0K −$1.58/SF
EGI
$52.3K $27.22/SF
− OpEx
−$15.7K −$8.16/SF
NOI
$36.6K $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%
$731,560
Cap Rate 7%
$522,543
Cap Rate 9%
$406,422
Alternative Uses
Best Use
Multifamily LT 5
$522.5K
$457.2K – $609.6K
NOI $36,578 @ 7.0% cap · market cap 4.31%
Second Best
Apartment 5plus
$476.5K
$416.9K – $555.9K
NOI $33,353 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$1.14M
$994.6K – $1.33M
NOI $79,564 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
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
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer separate gas and electric service, refreshed kitchens and bathrooms, and outdoor deck space.
Where is this duplex located?
The property is located at 50-52 Bowdoin Street Winthrop, MA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,920 square feet; Upper apartment has 3 bedrooms, 1 bathroom, and direct kitchen access to a deck; First‑floor apartment includes 2 bedrooms, 1 bathroom, and rear deck access from the common corridor
