Address
768 - 772 Tremont Street, Boston, MA
Price
$ 5,250,000
Property Attributes
  • MLS#73142105
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • AreaSouth End
  • Zip02118
  • Style5-9 Family
  • Year Built1899
  • Taxes$ 36673
  • Price$ 5,250,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage11172
  • Lot Size3,920 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

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.

Price History
4/17/2024 Listed $5,250,000

General Features

Sewer Public Sewer
Zoning MFR/LS
Year Built 1899
Property SubType 5-9 Family
Tax Year 2023
Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,T-Station,University
County Suffolk
Property Type Residential Income
Garage Y/N No
Total Rooms 30
Status Active
Directions Corner of Tremont Street & W. Springfield Street
City Boston
Senior Community Y/N No
Total Units 8
MLS Area South End
Lot Size Square Feet 3774
Waterfront Y/N No
Street Name Tremont Street
Year Built Details Actual,Approximate
Tax Annual Amount 36673.76
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2094000
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Total Stories 14
Fireplace Y/N No
Full Baths 12
Total Bedrooms 12
Total Baths 12

Exterior Features

Lot Features Corner Lot,Level
Water Source Public
Lot Size Area 0.09
Foundation Details Other
Spa No
Building Area Total 11172
Lot Size Acres 0.09
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02118

Price
AVG $7.02M
$5.25M
Taxes
AVG $17,470
$36,673
Visits
AVG 194
75
Data Provided by Inside Real Estate®
Year Built
AVG 1924
1899