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INVESTMENT SNAPSHOT
About this property
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. 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.
Property details
| Units | 16 |
| Living area | 10,000 sqft |
| Lot size | 11,346 sqft |
| Year built | 2027 |
| Price / sqft | $225 |
| County | Suffolk |
| MLS # | 73531829 |
Listing status
| Days on market | 38 days |
| Listed on | June 8, 2026 |
Taxes & financials
| Annual property tax | $12,674 |
| Tax year | 2025 |
| Assessed value | $1,228,100 |
| Zoning | CBD |
| Gross income (actual) | $54,000/yr |
| Net operating income (actual) | $54,000/yr |
| Total actual rent | $4,500/mo |
Building & lot
| Stories | 3 |
| Total rooms | 99 |
| Lot size | 0.26 acres |
| Garage spaces | 12 |
| Parking spaces | 26 |
| Parking | Paved Drive |
| Foundation | Concrete Perimeter |
| Roof | Asphalt/Composition Shingles |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Winthrop →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 63-69 Putnam St, Winthrop MA 02152 have?
It is a 16-unit multi-family property with 10,000 sqft of living area, built in 2027.
How long has 63-69 Putnam St, Winthrop MA 02152 been on the market?
63-69 Putnam St, Winthrop MA 02152 has been listed for 38 days (since June 8, 2026).
What is the price per unit?
At a list price of $2,250,000 across 16 units, that works out to roughly $140,625 per unit.
What are the property taxes on 63-69 Putnam St, Winthrop MA 02152?
Annual property taxes are $12,674 (2025), on an assessed value of $1,228,100.
What is the price per square foot?
At $2,250,000 for 10,000 sqft, that's about $225 per square foot.
Is there parking?
12 garage spaces and 26 total parking spaces (paved drive).
Where is this property located?
63-69 Putnam St, Winthrop MA 02152 is in Winthrop, Suffolk County, MA 02152.
