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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

Property

  • Acreage0.26

Property Information

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

Other

  • Date Listed03/23/2026
  • Farm Land Area Units Square Feet
  • View Count3

Tax Information

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

Location

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

Amenities

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

Basic Information

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

Building

  • Building Area Units Square Feet

Utilities

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

Water Body

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

Map Location

Listed by The Bill Butler Group of Leading Edge Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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