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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Last Checked: July 2nd, 2026 at 4:28am (Source: MLS PIN #73490169)
General Information for 63-69 Putnam St, Winthrop MA 02152
Listing ID73490169
Price2460000
Land TypeResidential
Approx AcresApprox. 0.26 acres (11,346 SqFt)
Number of Lots
Road Frontage Type
ZoningCBD
Electric220 Volts
GasOn-Site
WaterPublic,on-site
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront0
Waterfront FeaturesRiver
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Disclosures for 63-69 Putnam St, Winthrop MA 02152
Special Listing Conditions
Financial Information for 63-69 Putnam St, Winthrop MA 02152
Association Fee
Tax12674
Tax Year2025
Assessed Value$1,228,100
Contact Information for 63-69 Putnam St, Winthrop MA 02152