Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

63-69 Putnam St

Winthrop, MA ID #73531829

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63-69 Putnam St

- Winthrop, MA ID #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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, Multi Family
  • Zip Code: 02152
  • Taxes: 12,674
  • Levels: 3
  • Acres: 0.26

Parking

  • Garage: 12
  • Garage Capacity: 12
  • Parking: Paved
  • Parking Spaces: 26

Rooms/Dimensions

  • Total Units: 16
  • Total Floors: 3
  • Total Rooms: 99

Location

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63-69 Putnam St, Winthrop, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of The Bill Butler Group of Leading Edge Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.