63-69 Putnam St, Winthrop, MA, 02152
99 rooms
16 beds
14 Full baths
2027
10,000 sqft
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.
Status:
Active
Type:
Multi-family
Units:
16
Zoning:
CBD
Garage:
12-car
Levels:
3
Parking:
26-car, Paved Drive
Acreage:
0.26
Est. Taxes:
$12,674
Assessment
$1,228,100
Construction
Frame
Lot Description:
Level
Amenities:
Public Transportation, Shopping
MLS #:
73531829
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of The Bill Butler Group, Leading Edge Real Estate