768 – 772 Tremont Street Boston MA 02118
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 Details
Price:
$5,250,000
MLS #:
73142106
Status:
Active
Beds:
0
Baths:
0
Address:
768 – 772 Tremont Street
Type:
Land
City:
Boston
Listed Date:
Jul 29, 2023
State:
MA
ZIP:
02118
Lot Size:
3,774 sqft / 0.09 acres (approx)
Schools
Interior
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, T- Station, University, Sidewalks
Financial
Buyer Agent Compensation
2.5%
Tax Year
2023
Taxes
$36,674
Map
Contact Us
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768 – 772 Tremont Street
Boston, MA
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