Wave Way Ave Apartments

For Sale

5 Wave Way Avenue, Winthrop, MA 02152

This Winthrop property for sale is located at 5 Wave Way Avenue. The current listed sale price for Wave Way Ave Apartments is $1,679,000. Wave Way Ave Apartments is situated on a lot that is 0.08 acre in size.

Contacts

broker
Francis Saenz

Northeast Private Client Group

Property Details

  • Property Type Multi-Family
  • Property Size 6,902 SF
  • Units 6
  • Lot Size 0.08 Acre
  • Parking Spaces Avail. 2
  • Property Tenancy Multi-Tenant
  • Year Built 1900
  • Date Updated Sep 16, 2025
Winthrop Beach, located in the coastal town of Winthrop, Massachusetts, is one of the North Shore’s most accessible and desirable seaside destinations. Just minutes from downtown Boston and Logan International Airport, Winthrop Beach offers a rare combination of small-town charm and metropolitan convenience. The area has undergone significant revitalization in recent years, enhancing its appeal for both year-round living and seasonal enjoyment. With public transportation connections to Boston and nearby communities, Winthrop Beach provides an ideal location for those seeking coastal living with quick access to the city.Northeast Private Client Group is pleased to present The Wave Way Ave Apartments located at 5 Wave Way Ave, Winthrop, MA. Built in 1900, this 6-unit, three-story mid-rise apartment building offers 6,902 square feet of GBA on a 3,485 SF lot (0.08 acres). The property features masonry construction, individually metered utilities, and a walk-up layout, with a mix of one-bedroom apartments. Parking includes two surface spaces, residents enjoy easy access to neighborhood restaurants, shops, marinas, and direct beach access. The property benefits from its location in a designated Opportunity Zone, offering investment and redevelopment incentives. The property is currently 100% occupied with market-rate tenants, and comparable submarket rents average over $2,100 per unit. New owners can add value thru interior renovations, capital improvements & market rents. All interested and qualified parties will have the opportunity to tour the building during scheduled appointments and obtain additional information upon request.
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Highlights

  • One Bedroom Floor Plans
  • Opportunity Zone
  • Six Unit Multifamily Property
  • Two Parking Spaces
  • Winthrop Beach Submarket

Getting around

  • 74/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Winthrop, MA
  • Neighborhood Winthrop Beach
  • Zip Code 02152
  • Market Boston

Points of Interest

  • Beachmont

    1.71 miles

  • Revere Beach

    2.34 miles

  • Wood Island

    2.52 miles

  • Wonderland

    2.69 miles

  • Airport

    2.88 miles

  • Chelsea

    3.77 miles

  • North Station

    4.45 miles

  • South Station

    4.48 miles

  • Downtown Crossing

    4.66 miles

  • Green Line (Inbound) | Red Line (All Trains)

    4.71 miles

  • Mobil

    1.06 miles

  • Revere, MA - Tesla Supercharger

    2.01 miles

  • Shell

    2.23 miles

  • Sunoco

    2.31 miles

  • ChargePoint

    2.39 miles

  • BP

    2.73 miles

  • Shell - Nouria

    2.85 miles

  • Greg’s Gas And Diesel

    3.41 miles

  • Municipal Parking Lot

    0.34 miles

  • Boston Common Parking Garage

    4.98 miles

  • Broadway Garage

    7.09 miles

  • Hilton Garden Inn Boston Logan Airport

    2.15 miles

  • Courtyard Boston Logan Airport

    2.27 miles

  • Hampton

    2.36 miles

  • Hilton Boston Logan Airport

    2.59 miles

  • SpringHill Suites

    2.66 miles

  • TownePlace Suite Logan Airport

    2.66 miles

  • Comfort Inn and Suites

    2.78 miles

  • Holiday Inn Boston Logan Airport - Chelsea

    2.94 miles

  • Hyatt Regency Boston Harbor

    2.99 miles

  • Embassy Suites by Hilton Boston at Logan Airport

    2.99 miles

  • Stop & Shop

    2.02 miles

  • Target

    2.11 miles

  • Marshalls

    2.58 miles

  • Sava's Market

    3.04 miles

  • El Valle de la Sultana Market

    3.08 miles

  • 99 Cents Center Inc.

    3.19 miles

  • Burlington

    3.22 miles

  • Latin Envios

    3.37 miles

  • Shaw's

    3.40 miles

  • Market Basket

    3.75 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Francis Saenz

Northeast Private Client Group

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