$5,250,000
Active
309 Days Online
12 Beds12 Baths11,172 SQFT
Active

768 - 772 Tremont Street Boston, MA 02118

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Rare South End development opportunity. Seller received ZBA approval (2019) to alter the existing structure from 1.5 floors to 4 floors. Increasing the total number of units from 4 (2 commercial/2 residential) to 8 (2 commercial /6 residential). 1st floor (commercial units) Unit A – 1444 sqft, Unit B – 902 sqft. 2nd floor: Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 3rd floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. 4th floor – Unit A – 1424 sqft – 2 bed/2 bath, Unit B – 1518 sqft – 2 bed/2 bath. Seller previously operated their dental practice out of the building, but has relocated the practice and the space is currently vacant. A barbershop currently leases approximately 350 sqft on the first floor at $2035/month TAW. A pizza shop currently leases unit 2 at $6390/month. Current lease term runs through April 30, 2025. The two residential units are leased for $2200/month and $2000/month. Both tenants are TAW.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$36,673
  • HOA/Condo/Coop Fees$0
  • Days on Site309 Days
  • MLS StatusActive
  • MLS ID Number73142105
  • Home Size Source Other
  • Year Built1899
  • Lot Size0.09 Acres
  • Full Baths12
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 14
  • Acreage 0.09
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Other
  • Zoning MFR/LS
  • Buyer Agent Compensation 2.5
  • Facilitator Compensation 0
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0

Interior Features

  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No
  • Lot Corner LotLevel
  • Lot Features Corner LotLevel

Community Features

  • Community Features Public TransportationShoppingParkMedical FacilityHighway AccessT- StationUniversityT-Station
  • Senior Community No
  • MLS Area South End
  • Adult Care Community No

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Monthly Payment (Est.)

$28,027
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