Offered at $2,250,000Active

beds: —
baths: —
sq ft: —
Built: —

63-69 Putnam St

About this home

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.

Listing last checked: October 16, 2026 at 4:40 PM EDTListing updated: July 16, 2026 at 3:05 AM EDT

Listed by The Bill Butler Group · Leading Edge Real Estate · MLS #73490169

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Details at a glance

Interior1 property facts

Basement: Not reported

Building1 property facts

Style: Other

Land & utilities5 property facts

Lot size: 0.26 acres
Water: Public, On-Site
Sewer: Public Sewer
Pool: Not reported
Zoning: CBD

Financial2 property facts

Annual taxes: $12,674
Assessment year: 2025

Location

Estimated monthly cost

Explore costs at the $2,250,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$12,433 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $11,377
Property tax: $1,056
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $12,674. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $2,533,256

Estimated range $2,111,435–$2,955,077.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: excellent

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About 63-69 Putnam St

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Request a tour of 63-69 Putnam St and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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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