$5,250,000
768 - 772 Tremont Street, Boston, MA
12
Beds
12
Baths
11,172
Square feet
0.09
Acres
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.
Facts & Features
MLS® # | 73142105 |
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Price | $5,250,000 |
Bedrooms | 12 |
Bathrooms | 12.00 |
Full Baths | 12 |
Square Footage | 11,172 |
Acres | 0.09 |
Year Built | 1899 |
Type | Residential Income |
Sub-Type | 5-9 Family |
Status | Active |
Taxes | $36,674 |
Tax Year | 2023 |
Community Information
Address | 768 - 772 Tremont Street |
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Area | South End |
City | Boston |
County | Suffolk |
State | MA |
Zip Code | 02118 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Fireplace | No |
---|---|
# of Stories | 14 |
Basement | No |
Exterior
Lot Description | Corner Lot, Level |
---|---|
Foundation | Other |
Additional Information
Zoning | MFR/LS |
---|---|
Condo Fees | $0 |
Units In Complex | 8 |
Water | Public |
Sewer | Public Sewer |
Listing Details
Agent | Anthony Bruno |
---|---|
Office | Gibson Sotheby's International Realty |
Buyer Agent Compensation | 2.5 |
Compensation Based On | Net Sale Price |
Sub Agency Relationship Offered | No |