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$ 2,460,000
Est. payment | /mo
0.26 Acres Lot
$ 2,460,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73490169
HOA Y/N false
Annual Tax Amount $12,674
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Description
++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.
Location
State MA
County Suffolk
Zoning CBD
Direction In between Jefferson and Buchanon St.
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School, T-Station
Waterfront Description Ocean,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)
View Y/N Yes
View City
Building
Lot Description Level, Cleared
Sewer Public Sewer
Water Public, On-Site
Others
Senior Community false
Listed by Leading Edge Real Estate
Nearby Locations
GET MORE INFORMATION
Steven Steiner
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA