$2,250,000

63-69 Putnam St, Winthrop, MA 02152

  • 16 beds |
  • 14 baths |
  • 10,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2027
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon 12 car garage
  • Property Price Per Square Feet Icon $225/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
June 8, 2026
Data Last Updated:
August 6, 2026 at 7:08AM
Listing Office:
Leading Edge Real Estate : 781-979-0100
Listing Agent:
The Bill Butler Group : 617-771-9376
MLS ID:
73531829
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveParking spaces: 26
  • Roofing: Asphalt/Composition Shingles
  • General: Frame3Concrete Perimeter
  • Originating MLS: MLS Property Information Network
  • County: Suffolk
  • Zoning: CBD1421796
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of The Bill Butler Group , Leading Edge Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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