$2,250,000
 $12,078 est/mo Sourced by Back At You

63-69 Putnam St,Winthrop, MA 02152

Winthrop, MA 02152

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Description

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.

Details

MLS #73490169
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site182
Listing Provided ByLeading Edge Real Estate | The Bill Butler Group

Features

ZoningCBD
Acreage0.26
Water FrontYes
Property ViewYes

Exterior

Lot FeaturesLevel, Cleared

Utilities

SewerPublic Sewer
GasOn-Site
ElectricOn-Site

Taxes

Tax Annual Amount12674
Tax Assessed Value1228100
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School, T-Station
Senior Community Yes / NoNo

Area Information

StateMA
CountySuffolk
CityWinthrop
Zip Code02152
AreaSuffolk
Listing VS Median (in 02152)
Price:
$2,250,000
low | high
Med:
$524,900
100% of Average
On site:
182
low | high
Med:
13
100% of Average
Sourced by Back At You

Market Activity 02152

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Additional Information

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Contact

Learn More About This Property

Wendy Tauber

Wendy Tauber

HK Realty

 (603) 502-7151wendy@h-krealty.com
StateMA
CountySuffolk
CityWinthrop
Zip Code02152
AreaSuffolk
Listing VS Median (in 02152)
Price:
$2,250,000
low | high
Med:
$524,900
100% of Average
On site:
182
low | high
Med:
13
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.687M - $2.812M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
63-69 Putnam St Property Photo 1
$2,250,000
63-69 Putnam St
Winthrop, MA 02152
59 Putnam St Property Photo 1
$375,000
59 Putnam St
Winthrop, MA 02152
64 Putnam Street # 1 Property Photo 1
$7,950
64 Putnam Street # 1
Winthrop, MA 02152
98 Woodside # 2 Property Photo 1
$2,950
98 Woodside # 2
Winthrop, MA 02152
207 Hagman Rd # 3H Property Photo 1
$1,800
207 Hagman Rd # 3h
Winthrop, MA 02152
Listing Updated: September 7, 2026 at 1:48:24 AM PDT