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768 - 772 Tremont Street, Boston, MA 02118
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$5,250,000
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Home Details for 768 - 772 Tremont Street
Price
$5,250,000
Type
Multi Family
Bedrooms
12
Total Bathrooms
12.0
Full Bathrooms
12.0
Year Build
1899
Sq. Ft.
11172
Lot Size
0.09
County
Suffolk
Total Rooms
30
Tax
$36,673.76
MLS®️ Listing#
73142105
On exitrealty.com
501 days
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.
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Listing courtesy: Gibson Sotheby's International Realty - 617-426-6900. Presented by: Anthony Bruno
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