DEVELOPMENT OPPORTUNITY WITH EXISTING MIXED USE PROPERTY GENERATING $71K NET ANNUAL INCOME.++A rare coastal investment and development opportunity in the heart of Winthrop, Massachusetts. The mixed use property currently consists of a cash-flowing four-unit mixed-use building with stable in-place NOI of 71,300, combined with a Board of Appeals–approved plan to construct a new 12-unit building with podium parking beneath — all on one site steps from the harbor and in the middle of a quaint yet thriving downtown Winthrop. 5-10 min commute to Boston Logan Airport, quick access to the MBTA Blue Line and ferry access to downtown Boston. All dimensions, square footage, parking spaces and building plans are estimated and should be considered for marketing purposes only. Buyers to do all due diligence as this is a development opportunity.
10,000 Sq Ft
0.26 Privé-hectaren Partijgrootte
investering
US$ 1.056 Maandelijkse belasting
Ingebouwd 2027
MLS/Listing ID 73531829
3 Verhalen
16 Eenheden
Community - Shopping
Construction - Frame
Betonnen omheining
Lot - Level
Parking - Paved
Asfalt-/composietdakspanen
Ocean
Community - Public Transportation
Public Water
Public Sewer
Strandbezit - Openbaar
3/10 tot 1/2 mijl naar het strand
TOTALE MAANDELIJKSE KOSTEN
US$ 0
US$ 0
US$ 0
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