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64 Putnam St

Winthrop, MA 02152
  • $2,155,000
  • STATUS: Contingent
  • MLS #: 72915426
Under Contract
UPDATED: 129 min ago
$2,155,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,036
    SQFT
  • $143
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1914
County:
Area:

School Ratings & Info

Listing courtesy of Christina Marenghi of Century 21 North East.

Description

Fantastic Investor Opportunity! Over 15K sq ft and fully leased to 2 strong tenants. This brick building is iconic and located in Winthrop's growing downtown. Property is priced at a 5% cap rate. Property is home to 2 flourishing businesses and has multiple future use options for redevelopment.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2021-12-01T00:08:18.143.
www.jameslynchrealestate.com/homes/122981402
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64 Putnam St Winthrop, MA 02152

  • Price: $2,155,000
  • Status: Contingent
  • On Site: Days
  • Updated: 129 min ago
  • MLS #: 72915426
0
Beds
0
Baths
0
½ Baths
0.24
Acres
15,036
SQFT
$143
$/SQFT
1914
Built
Neighborhood:
Other
County:
Suffolk
Area:
Other
Property Description
Fantastic Investor Opportunity! Over 15K sq ft and fully leased to 2 strong tenants. This brick building is iconic and located in Winthrop's growing downtown. Property is priced at a 5% cap rate. Property is home to 2 flourishing businesses and has multiple future use options for redevelopment.
Exterior Features

Location Downtown Parking Features 1-10 Spaces Parking Spaces 4 Stories 2

Interior Features

Maf Building Sq Ft 0.00 Ref Building Sq Ft 15036.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 15036.00 Waf Building Sq Ft 0.00

Property Features

Assessed Value Building 975400.00 Assessed Value Land 407400.00 Assessed Value Total 1382800.00 Commercial Industrial Type Commercial Contingency Type Pending P&S Disclosure Yes Exchange No Gross Annual Expense 24239.00 Gross Annual Income 132000.00 Lease No Lease Type Gross Lender Owned No Mau Units 0 Net Operating Income 107761.00 Ofu Units 0 On File21 E No Reu Units 2 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2021 Taxes 17534.00 Total Units 2 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Cbd

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Christina Marenghi of Century 21 North East.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein. Data last updated 2021-12-01T00:08:18.143.
 
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Listing courtesy of Christina Marenghi of Century 21 North East.