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63-69 Putnam St, Winthrop MA 02152

$2,460,000

Estimated $5,045/month Calculator

Multi Family

Total Units: 16

Price Per Unit: $153,750

Total Rent: 54000/year

Estimated CAP Rate:

16 Bedrooms

Baths

10000

Total Parking: 38 (12 Garage)

11,346 (0.26)

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.

This home has been viewed 29 times

Last Checked: June 13th, 2026 at 6:53am (Source: MLS PIN #73531829)

Gross Income: $54,000

Gross Expenses: $12,674

Net Income Calc: $41,326

Annual Expenses for 63-69 Putnam St, Winthrop MA 02152

Total Gross Expenses (Calculated)$12,674/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12674

Annual Income & Unit Breakdown for 63-69 Putnam St, Winthrop MA 02152

Total Gross Income (Calculated)$54,000

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bathrooms

Rent Includes

Unit 4

Rental Income$0

Lease

Bathrooms

Rent Includes

General Information for 63-69 Putnam St, Winthrop MA 02152

Listing ID73531829

Property TypeMulti Family

Price2460000 ($246/SqFt)

Style5+ Family - 5+ Units Up/down

CityWinthrop

CountySuffolk

Neighborhood(s)

Approximate Living Area Total10000

Approximate Lot Size (Acres)0.26

Total Parking38 (12 Garage)

Garage Parking12

Year Built2027

Year Built SourceOwner

Year Built DetailsTo Be Built

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCBD

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 63-69 Putnam St, Winthrop MA 02152

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsTv On The Deck And Garage Tv

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 63-69 Putnam St, Winthrop MA 02152

Real Estate Taxes12674

Tax Year2025

Assessed Value$1,228,100

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 63-69 Putnam St, Winthrop MA 02152

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 63-69 Putnam St, Winthrop MA 02152

Agent

Name: The Bill Butler Group

Office

Name: Leading Edge Real Estate

Phone: 781-979-0100

Payment Calculator

, Interest

Property Taxes 1056.17

Principal & Interest 15157.74

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

The Bill Butler Group

Agent Phone

Office Phone

(781) 979-0100

Text Agent Call Agent Call Office

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    [unparsed] => 63-69 Putnam St, Winthrop MA 02152
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EXIT

Active

63-69 Putnam St, Winthrop MA 02152

$2,460,000

Annual Expenses for 63-69 Putnam St, Winthrop MA 02152

Annual Income & Unit Breakdown for 63-69 Putnam St, Winthrop MA 02152

General Information for 63-69 Putnam St, Winthrop MA 02152

Disclosures for 63-69 Putnam St, Winthrop MA 02152

Financial Information for 63-69 Putnam St, Winthrop MA 02152

Location Information for 63-69 Putnam St, Winthrop MA 02152

Contact Information for 63-69 Putnam St, Winthrop MA 02152

Agent

Office

Payment Calculator

Exclusive Listing Agent

Leading Edge Real Estate

The Bill Butler Group