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