768 - 772 Tremont Street, Boston, (South End), MA, 02118
30 rooms
12 beds
12 Full baths
1899
11,172 sqft
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.
Status:
Active
Town:
Boston
Type:
Multi-family
Units:
8
Zoning:
MFR/LS
Levels:
14
Acreage:
0.09
Est. Taxes:
$36,674
Assessment
$2,094,000
Lot Description:
Corner Lot, Level
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, University
MLS #:
73142105
Buyer Agent Compensation:
2.5
Facilitator Compensation:
0
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
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Listing courtesy of Anthony Bruno, Gibson Sotheby's International Realty Phone: 617-426-6900