768 - 772 Tremont Street Boston, MA
$5,250,000
Beds 12
Baths 12
Square Feet 11,172
Acres 0.09
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.
Listed by Gibson Sotheby's International Realty, Anthony Bruno
Details
MLS 73142105
Status Active
Price $5,250,000
DOM 502 days
Type Multi-Family
Beds 12
Total Baths 12 full baths
Square Feet 11,172 sqft
Lot Size 0.09 acres
Year Built 1899
Lot & Building Features
Sewer Public Sewer
Tax Year 2023
Taxes Paid $36,673
Water Public
Foundation Other
Full Baths 12
Total Rooms 30
Garage Spaces 0
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
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Monthly PMI
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