63-69 Putnam St, Winthrop, MA 02152

Winthrop
Local realty services provided by:Metropolitan Homes
63-69 Putnam St,Winthrop, MA 02152
$2,250,000
  • 0.26 Acres
  • Lots / Land
  • Active
Listed by: the bill butler group
Office: leading edge real estate
MLS#:73490169
Source:MLSPIN

Price summary

  • Price:$2,250,000

About this home

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.

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Home facts

  • Listing ID #:73490169
  • Updated:November 11, 2026 at 11:44 AM

Structure and exterior

  • Lot area:0.26 Acres
  • Lot Features:Cleared, Level

Utilities

  • Water:On-Site, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,250,000
  • Tax amount:$12,674 (2025)
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 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 or leasing 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 or leasing. 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. MLSPIN Member Broker: Michael Albano

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