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++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.

More Info

Basic Information

  • Lot Features Level, Cleared
  • Mls StatusActive
  • Parcel Number M:029 L:083,1421796
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,228,100
  • Tax Year 2025
  • Taxes$12,674

Basic Information

  • List Price$2,460,000
  • MLS Number73490169
  • Modification Date03/27/2026

Location

  • Address63-69 Putnam Street
  • Building Number63-69
  • CountySuffolk
  • StateMA
  • StreetPutnam Street
  • TownWinthrop
  • Zip02152

Building

  • Building Area Units Square Feet

Property

  • Acreage0.26

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas On-Site
  • Sewer Public Sewer
  • Water Source Public, On-Site

Property Information

  • Lot Size Square Feet 11,346
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • View YN Yes

Amenities

  • Amenities
    • Bike Path
    • House of Worship
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails

Water Body

  • Miles to Beach0.5
  • Waterfront Features Ocean,3/10 to 1/2 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningCBD

Other

  • Date Listed03/23/2026
  • Farm Land Area Units Square Feet
  • View Count4

Map Location

Driving Directions

Listed by The Bill Butler Group of Leading Edge Real Estate

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