Property Description
++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.
Features
- Sewer:
- Public Sewer
- Water:
- On-site, Public
- Electric Feature:
- On-site
- Road Type:
- Paved
- Gas:
- On-site
Additional Information
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- CBD
- Orig Price:
- $2,460,000
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Winthrop
- State:
- MA
- County:
- Suffolk
- Postal Code:
- 02152
- Longitude:
- W71° 0' 51.9''
- Latitude:
- N42° 22' 27.3''
Land
63-69 Putnam St, Winthrop, Massachusetts
0.26 Acre
$2,460,000
Listing ID #73490169
Basic Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $2,460,000
- View :
- City
- Lot Area :
- 0.26 Acre
- Listing ID :
- 73490169
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent