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Two-Family Duplex
New
For Sale
$599,900

91 Fremont Street, Winthrop, MA 02152

A renovation project in Winthrop offers two-family configuration and proximity to the beach, shops, restaurants, and transportation.

Property Size2,200 SF
Price / SF$272.68
Days on Market6

Property Features for 91 Fremont Street

General Information

Standard status Active
Size 2,200 SF
Property subtype Multi-family

Property Condition

Severity Repairs Needed
Evidence fixer-upper

Additional Details

Multifamily Units 2

Building Details

Year Built 1900
Listing Agency: United Brokers
Listed By: Goldpath Real Estate Group
Source: Campionre
Added: Oct 6 Changed: Oct 10 Last Checked: Oct 9 at 11:12PM

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 two-family duplex in Winthrop contains 2,200 square feet and dates to 1900. The property is described as a fixer-upper, presenting a renovation project for its next owner.

The home is near the beach, local shops, restaurants, and transportation. Its two-family layout offers flexibility for residential use.

Key Highlights

  • Two‑family property with 2,200 square feet
  • Built in 1900
  • Near the beach, local shops, restaurants, and transportation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,913
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,260 $838.3K
Cap Rate 7%
$598,757 $598.8K
Cap Rate 9%
$465,700 $465.7K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$63.4K $28.80/SF
− Vacancy
−$3.5K −$1.58/SF
EGI
$59.9K $27.22/SF
− OpEx
−$18.0K −$8.16/SF
NOI
$41.9K $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%
$838,260
Cap Rate 7%
$598,757
Cap Rate 9%
$465,700

Alternative Uses

Best Use
Multifamily LT 5
$598.8K
$523.9K – $698.6K (±1% cap)
NOI $41,913 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$546.0K
$477.7K – $637.0K (±1% cap)
NOI $38,217 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,167 @ 7.0% cap · market cap 15.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Pharmacy Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - A renovation project in Winthrop offers two-family configuration and proximity to the beach, shops, restaurants, and transportation.
Where is this duplex located?
The property is located at 91 Fremont Street Winthrop, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family property with 2,200 square feet; Built in 1900; Near the beach, local shops, restaurants, and transportation
More about this property
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