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
- 122 days |
- 159 |
- 4 |
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
Nearby schools
GreatSchools rating
- 5/10Arthur T. Cummings Elementary SchoolGrades: 3-5Distance: 0.2 mi
- 8/10Winthrop Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Winthrop Sr High SchoolGrades: 9-12Distance: 0.6 mi
- $1,344,100-- bd-- ba-- sqft63-69 Putnam St, Winthrop, MA 02152Off Market
- $607,8002 bd1 ba1.4k sqft75 Putnam St, Winthrop, MA 02152Off Market
- $544,7002 bd2 ba1.3k sqft20 Putnam Pl, Winthrop, MA 02152Off Market
- $615,0003 bd2 ba1.9k sqft82 Putnam St #2, Winthrop, MA 02152For Sale
- $537,4002 bd1 ba2.6k sqft80-82 Putnam St, Winthrop, MA 02152Off Market
- $623,6003 bd2 ba1.9k sqft80-82 Putnam St #2, Winthrop, MA 02152Off Market
- $462,8002 bd1 ba1.1k sqft80-82 Putnam St #1, Winthrop, MA 02152Off Market
- $448,8002 bd1 ba840 sqft80 Putnam St, Winthrop, MA 02152Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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