63-69 Putnam St, Winthrop, MA 02152
- $2,250,000
- List Price
- $2,250,000
- Price Change
- ▼ $210,000 1783895485
- Status
- ACTIVE
- MLS#
- 73490169
- Lot Size (Acres)
- 0.26
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.
Additional Information
- Taxes
- $12,674
- Lot Description
- Level, Cleared
- View
- City
- Water
- Public, On-Site
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: The Bill Butler Group from Listing Office: Leading Edge Real Estate.
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