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.
This home has been viewed 158 times
Last Checked: June 24th, 2025 at 4:31am (Source: MLS PIN #73142105)
Gross Income: $0
Gross Expenses: $36,673
Net Income Calc: $36,673
CAP Rate: -0.70%
Annual Expenses for 768 - 772 Tremont Street, Boston MA 02118
Total Gross Expenses (Calculated)$36,673/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$36,673.76
Annual Income & Unit Breakdown for 768 - 772 Tremont Street, Boston MA 02118
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms2 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 768 - 772 Tremont Street, Boston MA 02118
Listing ID73142105
Property TypeMulti Family / 5+ Family
Price$5,250,000 ($469.92/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaSouth End
Neighborhood(s)
Approximate Living Area Total11,172 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking0
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Approximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningMFR/LS
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 768 - 772 Tremont Street, Boston MA 02118
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureLiving area per attached plans for renovated build
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 768 - 772 Tremont Street, Boston MA 02118
Real Estate Taxes$36,673.76
Tax Year2023
Assessed Value$2,094,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.70%
Location Information for 768 - 772 Tremont Street, Boston MA 02118
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaSouth End
Area AmenitiesHighway Access, Shopping, Park, Medical Facility, Public Transportation, T-station, University
Contact Information for 768 - 772 Tremont Street, Boston MA 02118