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775 Tremont Street, Boston MA 02118

$3,295,000

Estimated $7,279.75/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $659,000

Total Rent: 150960/year

Estimated CAP Rate: 3.88%

10 Bedrooms

6 Full, 3 Half Baths

3,005 SqFt

Total Parking: 2

1,600 SqFt

This exciting multifamily investment opportunity in Boston’s vibrant South End consists of 5 units, 4 stories, and 3005 SF. This professionally managed property is conveniently located near Northeastern University, Emerson College, Berklee College of Music, Symphony Hall, and the Prudential Center. The neighborhood location offers access to multiple MBTA stations, hospitals, and an abundance of shops and restaurants. The interiors of each 2-bedroom apartment include stainless steel appliances, gas cooking, microwave, dishwasher, stack washer/dryer, and wood floors. A new Navien heating system was added in 2023. The property is enhanced with rear decks, a roof deck, and 2 on-site parking spaces. With a solid track record of 100% occupancy by students and young professionals, the building is currently fully leased, with most units on a 9/1 move-in cycle. This steady income-producing asset also offers potential for conversion to condominiums or a single-family home.

This home has been viewed 90 times

Last Checked: February 4th, 2025 at 5:18am (Source: MLS PIN #73312099)

Gross Income: $150,960

Gross Expenses: $23,243

Net Income Calc: $127,717

CAP Rate: 3.88%

Annual Expenses for 775 Tremont Street, Boston MA 02118

Total Gross Expenses (Calculated)$23,243/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$23,243

Annual Income & Unit Breakdown for 775 Tremont Street, Boston MA 02118

Total Gross Income (Calculated)$150,960

Unit 1

Rental Income$3,050

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 2

Rental Income$2,950

LeaseY

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

HeatingNo

Rent Includes

Unit 3

Rental Income$3,305

LeaseY

Bedrooms2

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$3,275

LeaseY

Bedrooms2

Bathrooms2 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 775 Tremont Street, Boston MA 02118

Listing ID73312099

Property TypeMulti Family

Price$3,295,000 ($1096.51/SqFt)

Style5+ Family - 5+ Units Up/down

CityBoston

CountySuffolk

MLS AreaSouth End

Neighborhood(s)

Approximate Living Area Total3,005 SqFt

Approximate Lot Size (Acres)0.04 acres

Total Parking2

Garage Parking

Year Built1899

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

Zoning4-6 Family

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 775 Tremont Street, Boston MA 02118

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureSee architectural plans attached

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$189,360

Total Net Income By Broker$189,360

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 775 Tremont Street, Boston MA 02118

Real Estate Taxes$23,243

Tax Year2025

Assessed Value$2,101,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$189,360

BostonRealEstate.com Gross Income

Total Net Income By Broker$189,360

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.88%

Location Information for 775 Tremont Street, Boston MA 02118

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaSouth End

Area AmenitiesHighway Access, House Of Worship, Shopping, Medical Facility, Bike Path, Public Transportation, T-station, University

Contact Information for 775 Tremont Street, Boston MA 02118

Agent

Name: Amy Donovan

Office

Name: LandVest, Inc.

Phone: 617-723-1800

Team Members

Name: David Killen

Phone: 508-451-0020

Payment Calculator

, Interest

Property Taxes 1936.92

Principal & Interest 20302.74

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LandVest, Inc.

Amy Donovan

Agent Phone

Office Phone

(617) 723-1800

Text Agent Call Agent Call Office

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EXIT

Withdrawn

775 Tremont Street, Boston MA 02118

$3,295,000

Annual Expenses for 775 Tremont Street, Boston MA 02118

Annual Income & Unit Breakdown for 775 Tremont Street, Boston MA 02118

General Information for 775 Tremont Street, Boston MA 02118

Disclosures for 775 Tremont Street, Boston MA 02118

Financial Information for 775 Tremont Street, Boston MA 02118

Location Information for 775 Tremont Street, Boston MA 02118

Contact Information for 775 Tremont Street, Boston MA 02118

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

LandVest, Inc.

Amy Donovan