Welcome to 71 Paine Street—an oversized 2-family home sitting proudly on a corner lot at Wilshire & Paine. This property has everything you need, whether you're looking for a fantastic investment opportunity or the perfect owner-occupied setup with rental income! Both units feature private decks, off-street parking, separate heating systems, and divided basement space for storage & laundry—offering both privacy and convenience. Unit one is spacious 2-bedroom with a well-designed layout, including separate living and dining rooms, a mudroom, and a charming main entryway. You'll love the beautiful hardwood floors throughout and the functional pantry off the kitchen. Unit 2 starts on the second floor, mirroring the first-floor layout with 3 bedrooms, a home office/flex space and plenty of natural light. But the real bonus? Head upstairs to your private owner’s suite, featuring an oversized bedroom, walk-in closet, and en-suite bath!
This home has been viewed 3 times
Last Updated: March 31st, 2025 at 4:48am
Gross Income: $0
Gross Expenses: $7,921
Net Income Calc: $-7,921
CAP Rate: -0.85%
Beach Front
Annual Expenses for 71 Paine St, Winthrop MA 02152
Total Gross Expenses (Calculated)$7,921/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$7,921
Annual Income & Unit Breakdown for 71 Paine St, Winthrop MA 02152
Total Gross Income (Calculated)$0
Unit 1
Rental Income0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 71 Paine St, Winthrop MA 02152
Listing ID73350676
Property TypeMulti Family
Price$935,000 ($258.29/SqFt)
Style
CityWinthrop
CountySuffolk
MLS Area
Neighborhood(s)
Approximate Living Area Total3,620 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking2
Garage Parking
Year Built1923
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor SpaceDeck, Porch
ZoningR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach
Energy Features
Terms
Interior Features for 71 Paine St, Winthrop MA 02152
Disclosures for 71 Paine St, Winthrop MA 02152
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 71 Paine St, Winthrop MA 02152
Elementary SchoolFort Banks
Middle SchoolWinthrop
High SchoolWinthrop
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Bike Path, Public Transportation, T-station, Marina
Contact Information for 71 Paine St, Winthrop MA 02152