For Sale
63-69 Putnam St, Winthrop, MA
Winthrop · MA 02152
- $2,250,000
- Price
- 16
- Beds
- 14
- Baths
- 10000
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2027
Units:
16 Units
Lot size:
0.26 Acre Lot
Price per square foot:
$225 / Sq.Ft
Parking:
12 Garage Spaces · 14 Off Street Spaces
About this home
DEVELOPMENT OPPORTUNITY WITH EXISTING MIXED USE PROPERTY GENERATING $71K NET ANNUAL INCOME.++A rare coastal investment and development opportunity in the heart of Winthrop, Massachusetts. The mixed use property currently consists of a cash-flowing four-unit mixed-use building with stable in-place NOI of 71,300, combined with a Board of Appeals–approved plan to construct a new 12-unit building with podium parking beneath — all on one site steps from the harbor and in the middle of a quaint yet thriving downtown Winthrop. 5-10 min commute to Boston Logan Airport, quick access to the MBTA Blue Line and ferry access to downtown Boston. All dimensions, square footage, parking spaces and building plans are estimated and should be considered for marketing purposes only. Buyers to do all due diligence as this is a development opportunity.
Neighborhood & Transit
63-69 Putnam St, Winthrop · MA 02152
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 148 days
- Listing Price:
- $2,250,000
- Price per Sq.Ft:
- $225
- Tax Assessment:
- $1,228,100 in 2025
- Taxes:
- $1,056 / Monthly
Home Facts
Interior Features
- Bedrooms
- 16
- Full Bathrooms
- 14
- Half Bathrooms
- 0
- Living Area
- 10,000 Sq.Ft
- Broker Disclosure about Living Area
- All dimensions, square footage, parking spaces and building plans are estimated
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 10000
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 11,346 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 12 Parking Spaces
- Off Street Parking
- 14 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Bill Butler Group
- Listing office
- Leading Edge Real Estate
- MLS PIN #
- 73531829
- Disclosure
- All dimensions, square footage, parking spaces and building plans are estimated