63-69 Putnam St, Winthrop, MA 02152
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63-69 Putnam St, Winthrop, MA 02152
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Lantern Residential

Lantern Residential

+1(617) 207-1974
$ 2,460,000
Est. payment /mo
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63-69 Putnam St Winthrop, MA 02152

16 Beds

14 Baths

10,000 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $246

MLS Listing ID 73531829

Bedrooms 16

Full Baths 14

Annual Tax Amount $12,674

Tax Year 2025

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

DEVELOPMENT OPPORTUNITY with existing income property++The Breakwater++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.

Location

State MA

County Suffolk

Zoning CBD

Direction Pauline to Putnam St.

Exterior

Garage Spaces 12.0

Community Features Public Transportation, Shopping

Waterfront Description Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 38

Garage Yes

Building

Lot Description Level

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Leading Edge Real Estate

NEARBY SCHOOLS & PROPERTIES

Lantern Residential

Lantern Residential

Brokerage | License ID: 423866

+1(617) 207-1974

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63-69 Putnam St