63-69 Putnam street - Multi-Family FOR SALE


Winthrop, MA 02152
$2,460,000 USD
617-699-4446
63-69 Putnam street, Winthrop, MA for Sale
$2,460,000 USD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate

63-69 Putnam street
Winthrop, MA 02152


HIGHLIGHTS

  • development project
  • stabilized four family included
  • board of appeals approved plans

OVERVIEW

++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. Short commute to Boston Logan Airport, quick access to the MBTA Blue Line and ferry access to downtown Boston.

FOR SALE DETAILS

PRICE

$2,460,000 USD

PRICE/SF

$750 USD /SF

# OF UNITS

16

PRICE/UNIT

$153,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Breakwater

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,325 SF

ZONING

-

APN/PARCEL ID

WINT-000029-000000-000083

ASK ABOUT THIS PROPERTY

Ramsay FretzLeading Edge Real EstateMore Info
617-699-4446

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Ramsay FretzLeading Edge Real EstateMore Info
617-699-4446

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.