$5,250,000
Active
45 Days Online
0 Beds0 Baths0 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 TypeLand
  • NeighborhoodN/A
  • CountySuffolk
  • Taxes$36,673
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive
  • MLS ID Number73142106
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.09 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Acreage 0.09
  • Water Public
  • Property Sub Type Unimproved Land
  • Zoning MFR/LS
  • Electricity On-Site

Exterior Features

  • Waterfront Property No
  • Lot LevelCorner Lot
  • Lot Features LevelCorner Lot

Community Features

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

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Monthly Payment (Est.)

$25,506
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