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Unit Information
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.
- Additional Details
- Status: NEW
- Type: Multi-Family, Multi Family
- Zip Code: 02152
- Levels: 3
- Parking
- Garage: 12
- Garage Capacity: 12
- Parking: Paved
- Parking Spaces: 26
- Rooms and Dimensions
- Total Units: 16
- Total Floors: 3
- Total Rooms: 99
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$2,460,000
- Status: New
- Listing ID: 73531829
- Bedrooms: 16
- Full Baths: 14
- Living Area: 10,000 sqft Convert
- Lot Size: 11,346 sqft Convert
- Acres: 0.26
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Luxury Residential Group
(617) 233-5800
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When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.
LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |