MA
Suffolk
Winthrop
02152
63-69 Putnam St
63-69 Putnam St, Winthrop, MA 02152
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Listing Type
Multi Family
Listing Status
Active
2
$2,460,000

Home Details for 63-69 Putnam St

Price
$2,460,000
Type
Residential Income
Bedrooms
16
Total Bathrooms
14
Full Bathrooms
14
Square feet
10000
Year built
2027
Lot size acres
0.26
County
Suffolk
Total rooms
99
Garage
12
MLS Listing#
73531829
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.

Property Features
  • Waterfront and Water Access
    • Ocean Front
  • Water Features
    • Public
  • Parking
    • Paved
Listing Courtesy: Leading Edge Real Estate - 781-979-0100
Presented by: The Bill Butler Group
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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