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63-69 Putnam St, Winthrop MA 02152

Winthrop, MA 02152
$2,460,000
Est. $13,695/month
16
Beds
14
Baths
10,000
Sq Ft
$246
Price/Sq Ft
0.26
Acres
2027
Year Built
11 hours 27 minutes
Time on Market
Active Listed Jun 8, 2026 • MLS# 73531829 Copied!

About this home

DEVELOPMENT OPPORTUNITY with existing income property++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. 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.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
2027
Bedrooms
16
Full Bathrooms
14
Living Area
10,000 sq ft
Total Rooms
99
Stories
3
Levels
3

Facts & Features

12 Car Garage
New Construction

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 2027
Living Area 10,000 sq ft
Lot Size 0.26 acres
Bedrooms 16
Full Baths 14
Total Rooms 99

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Asphalt/composition Shingles
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 12
Has Garage Yes
Features Paved Drive
Total Spaces 26

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $12,674
Assessed Value $1,228,100

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2027
Structure Type:
Exterior Materials: Frame
Roof: Asphalt/Composition Shingles
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 12
Total Parking Spaces: 26
Parking Features: Paved Drive

Location

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Neighborhood

63-69 Putnam St, Winthrop MA 02152

Winthrop, MA 02152

Walkability

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Nearby Schools

School District
Winthrop School District local
C
School Safety 2024-25
0.3% Low
0.3% Suspensions
5.2% below state avg
E

Elementary Schools

3 schools
B-
Arthur T. Cummings Elementary School
0.2 mi | #453 of 824 | Score: 46.0
Improved 101 spots from last year
-12.2 below state avg
467 students Less Diverse
Rising School Strong Attendance
Grades 03-05
William P. Gorman/Fort Banks Elementary School
0.8 mi
487 students Less Diverse
Grades PK-02
F
Guild Elementary School
1.4 mi | #789 of 824 | Score: 29.4
Dropped 218 spots from last year
-28.8 below state avg
259 students Less Diverse
Grades PK-06
M

Middle Schools

1 school
B+
Winthrop Middle School
0.6 mi | #119 of 352 | Score: 47.4
Dropped 26 spots from last year
-10.8 below state avg
439 students Less Diverse
Grades 06-08
H

High Schools

2 schools
C+
Winthrop High School
0.6 mi | #241 of 346 | Score: 47.2
Dropped 112 spots from last year
-11 below state avg
568 students Less Diverse
18 sports • 1,118 athletes
College Ready Curriculum Strong Athletics
Grades 09-12
D
CityLab Innovation High School
1.5 mi | #327 of 346 | Score: 28.4
Improved 14 spots from last year
-29.8 below state avg
117 students Moderate
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,056
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 8, 2026
$2,460,000
Original listing
Agent: The Bill Butler Group Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jun 8, 2026 New Listing Added $2,460,000
Mar 27, 2026 Sold $2,460,000

Market Statistics

Time on Market
11 hours 27 minutes
Price per Sq Ft
$246

Tax History

Year Taxes Assessment
2025 $12,674 $1,228,100

Financial Details

Annual Property Tax
$12,674
Tax Year 2025
Assessed Value
$1,228,100

Listing Information

Listing Agent The Bill Butler Group
Listing Office Leading Edge Real Estate
Agent MLS ID TM327053
Office MLS ID AN4646
Listing Data Updated Jun 8, 2026 1:50 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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63-69 Putnam St, Winthrop MA 02152 - Photo 1 63-69 Putnam St, Winthrop MA 02152 - Photo 2
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