Winthrop, MA 02152 500 Shirley St
$829,900
OPEN HOUSE Sat, Aug 02 2025 01:00 PM - 02:30 PM



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Home Details
Located just 3.5 miles from the game-changing Suffolk Downs redevelopment, this fantastic two-family home offers incredible long-term upside in one of the fastest-growing areas north of Boston. The project promises millions of square feet of new housing, retail, parks, and life science space—adding immense value & convenience to the surrounding neighborhoods. Just steps from the beach, this income-generating property has been a strong rental performer—ideal for investors or owner-occupants. In the last 9 years, the home has seen MAJOR updates including a 200-amp electrical service upgrade, new front deck and revamped rear deck, a full renovation of Unit 2 (kitchen, flooring, paint, wiring, plumbing), refinished hardwood floors & fresh paint in Unit 1, a complete exterior paint job. Enjoy a spacious, newly installed composite front deck for low-maintenance coastal living. Both units ft. beautiful high ceilings. Heating & electrical are separate, there's a gas line in the property
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Interior Features for 500 Shirley St
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
BasementFull, Interior Entry, Unfinished
Fireplace Y/NNo
FlooringTile, Hardwood
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), Crown Molding, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo
Laundry FeaturesWasher & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Total Fireplaces
Total Stories2
General for 500 Shirley St
AppliancesRange, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Building Area UnitsSquare Feet
Certified TreatedUnknown
CityWinthrop
Community FeaturesPublic Transportation, Park, Walk/Jog Trails, Laundromat, House of Worship, Sidewalks
CoolingWall Unit(s)
CountySuffolk
DirectionsUse GPS or Winthrop Shore Drive to Underhill to 500 Shirley St
DisclosuresBuyers do your due diligence & confirm info provided on listing.Agent has interest in property. Rents in MLS are what was received in '25. Unit 2 was recently vacated. Flood policy is transferable cu
Electric200+ Amp Service, Individually Metered
Energy EfficientThermostat, Other (See Remarks)
ExclusionsAll Tenants Personal Belongings.
Full Baths2
Garage Spaces1
Garage Y/NYes
Gross Income63600
HeatingBaseboard, Oil, Hot Water
High SchoolWhs
Home Warranty Y/NNo
Levels2
Lot Size Square Feet4150
Lot Size UnitsAcres
Middle/Junior High SchoolWinthrop Middle
Net Operating Income59900
Number Of Units Total2
Operating Expense640
Patio/Porch FeaturesPorch, Deck - Composite
Property Subtype2 Family - 2 Units Up/Down
Property TypeResidential Income
Rent IncludesUnit 1(Water, Hot Water), Unit 2(Water, Hot Water)
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusBack on Market
Tax Annual Amount6751
Tax Assessed Value654200
Tax Year2025
Total Actual Rent5300
Total Rooms8
Utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
Waterfront FeaturesBeach Access, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Year Built1900
Year Built DetailsApproximate, Renovated Since
Year Built SourcePublic Records
Zoning00000
Exterior for 500 Shirley St
Building Area Total2088
Covered Spaces1
Exterior AmenitiesRain Gutters
Foundation DetailsBlock, Brick/Mortar, Other
Lot FeaturesCorner Lot, Level
Lot Size Acres0.1
Lot Size Area0.1
Parking FeaturesPaved Drive, Off Street, Deeded, Paved
Road Frontage TypePublic
Road ResponsibilityPublic Maintained Road
Road Surface TypePaved
SpaNo
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
WHS High School
Elementary School
N/A
Middle School
Winthrop Middle
