Address
768 - 772 Tremont Street, Boston, MA
Price
$ 5,250,000
Property Attributes
  • MLS#73142106
  • TypePending
  • CountySUFFOLK
  • CityBoston
  • AreaSouth End
  • Zip02118
  • StyleLevel,Corner Lot
  • Taxes$ 36673
  • Price$ 5,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
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.

Price History
9/1/2023 Listed $5,250,000

General Features

Sewer Public Sewer
Zoning MFR/LS
Gas Y/N On-Site
Electric On-Site
Tax Year 2023
Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,T-Station,University,Sidewalks
County Suffolk
Property Type Land
HOA / Comm Assn No
Contingency Pending P&S
Status Under Agreement
Directions Corner of Tremont Street & W. Springfield Street
City Boston
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area South End
Lot Size Square Feet 3774
Waterfront Y/N No
Street Name Tremont Street
Tax Annual Amount 36673.76
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Pending
Tax Assessed Value 2094000
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Electric On Property Y/N Yes

Exterior Features

Lot Features Level,Corner Lot
Water Source Public
Lot Size Area 0.09
Lot Size Acres 0.09
Road Surface Type Paved
Lot Size Units Acres
Road Frontage Type Public
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 02118

Price
AVG $1.35M
$5.25M
Visits
AVG 4
3
Data Provided by Inside Real Estate®
Walkscore
AVG 97
97
Data Provided by Walkscore® not using MLS data

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