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.
Lot/land
Price cut: $210K (7/12)
$2,250,000
63-63 69 Putnam St, Winthrop, MA 02152
--beds
0baths
0.26Acres
VacantLand
Built in ----
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 172 days
- 100
- 6
Zillow last checked:
Listing updated:
Listed by:
The Bill Butler Group 617-771-9376,
Leading Edge Real Estate 781-979-0100
Source: MLS PIN,MLS#: 73490169
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Has basement: No
Property
Features
- Has view: Yes
- View description: City
- Waterfront features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.26 Acres
- Features: Level, Cleared
Details
- Parcel number: M:029 L:083,1421796
- Zoning: CBD
Utilities & green energy
- Electric: On-Site
- Gas: On-Site
- Sewer: Public Sewer
- Water: Public, On-Site
Community & HOA
Community
- Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School, T-Station
HOA
- Has HOA: No
Location
- Region: Winthrop
Financial & listing details
- Tax assessed value: $1,228,100
- Annual tax amount: $12,674
- Date on market: 3/23/2026
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/12/2026 | Price change | $2,250,000-8.5% |
Source: MLS PIN #73531829 Report a problem | ||
| 3/23/2026 | Listed for sale | $2,460,000 |
Source: MLS PIN #73490169 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 02152
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