768 - 772 Tremont Street Active

Boston,MA 02118

$ 5250000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73142106

Annual Tax Amount $36,673

Tax Year 2023

Lot Size 3,920 Sqft

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.

Location

State MA

County Suffolk

Area South End

Zoning MFR/LS

Exterior

Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,T-Station,University,Sidewalks

Waterfront false

Building

Lot Description Level,Corner Lot

Sewer Public Sewer

Water Public

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