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63-69 Putnam StWinthrop, MA 02152

Suffolk County

$2,250,000List price
16Beds
14Baths
10,000Sq Ft
2027Year built
0.26Acre lot
12Garage
3Stories
4 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
2027
Stories
3
Living area
10,000 Sq Ft
Lot size
0.26 acres
Garage spaces
12
Parking spaces
26
Zoning
CBD
Days on market
121
MLS® Listing#
73531829

Property Features

Parking
Paved
Lot features
Level
Construction
Frame
Foundation
Concrete Perimeter
Roof
Asphalt
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$12,674Tax year 2025
Assessed value
$1,228,100
Parcel number
1421796

Directions

Pauline to Putnam St.

Listing Courtesy: Leading Edge Real Estate - 7819790100

Presented by: The Bill Butler Group

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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