768 - 772 Tremont Street , Boston, MA 02118
Boston, MA 02118
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.
Details
| MLS# | 73142105 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1899 |
| Days On Site | 436 |
| Listing Provided By | Gibson Sotheby's International Realty | Anthony Bruno |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 12 Total |
| SQ Feet | 11,172 |
| Story(s) | 14 |
| Units | 8 |
| Zoning | MFR/LS |
| Acreage | 0.09 |
Market Activity 02118
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Boston |
| Zip Code | 02118 |
| Area | South End |
| Listing VS Median (in 02118) | |
Price: $5,250,000 low | high Med: $820,000 SqFt: 11,172 low | high Med: 920 $ / SqFt: $470 low | high Med: $891 On Site: 436 low | high Med: 122.000000 | |