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.