$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. 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.

Details

MLS #73531829
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2027
Days On Site108
Listing Provided ByLeading Edge Real Estate | The Bill Butler Group

Features

Bed(s)16
Bath(s) 14 Total
SQ Feet10,000
Garage12
Story(s)3
Units16
ZoningCBD
Acreage0.26
Water FrontYes

Interior

Rooms Total99
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofAsphalt/Composition Shingles
Construction MaterialsFrame
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel

Parking

Garage Yes / NoYes
Parking FeaturesPaved Drive
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount12674
Tax Assessed Value1228100
Tax Year2025

Location

Community FeaturesPublic Transportation, Shopping
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
sqft:
10,000
low | high
Med:
1,210
100% of Average
$ / sqft:
$225
low | high
Med:
$434
42.800734618916% of Average
On site:
108
low | high
Med:
16
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
sqft:
10,000
low | high
Med:
1,210
100% of Average
$ / sqft:
$225
low | high
Med:
$434
42.800734618916% of Average
On site:
108
low | high
Med:
16
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.687M - $2.812M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
5 Fremont # 103 Property Photo 1
$2,450
5 Fremont # 103
Winthrop, MA 02152
Listing Updated: September 6, 2026 at 9:39:43 AM PDT