63-69 Putnam St Winthrop, MA
$2,250,000
Acres 0.26
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.
Listed by Leading Edge Real Estate, The Bill Butler Group
Details
MLS 73490169
Status Active
Price $2,250,000
DOM 144 days
Type Lot/Land
Lot Size 0.26 acres
Lot & Building Features
Sewer Public Sewer
Tax Year 2025
Taxes Paid $12,674
Water On-Site, Public
Waterfront 3/10 to 1/2 Mile To Beach, Ocean, Beach Ownership(Public)
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.