Stabilized South End multifamily asset offering in-place income and defined upside. 775 Tremont Street comprises five fully leased two-bedroom residences generating $15,651 per month and $187,812 in current annual residential rent, with leases extending through 2027. Renovated in 2021, the units feature modern kitchens with dishwashers, hardwood floors and in-unit laundry. Recent building improvements include an updated Navien heating and hot-water system (2023). Rear decks, two roof decks and two off-street parking spaces further distinguish the property. The parking spaces are not presently rented, creating an immediate opportunity for additional income. Based on market-rent and parking assumptions, the seller’s pro forma projects $249,000 in annual gross income and a 5.80% cap rate. Well suited to a long-term hold or 1031 exchange buyer seeking a stabilized Boston asset, the property also offers future value-add and repositioning potential. Its location near major universities, medical centers, Back Bay, the Prudential Center, MBTA service and Tremont Street dining supports enduring rental demand, complemented by a 97 Walk Score, 96 Transit Score and 97 Bike Score.
This home has been viewed 28 times
Last Checked: September 27th, 2026 at 5:38am (Source: MLS PIN #73580647)
Gross Income: $147,492
Gross Expenses: $26,265
Net Income Calc: $121,227
Annual Expenses for 775 Tremont Street, Boston MA 02118
Total Gross Expenses (Calculated)$26,265/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax26265.68
Annual Income & Unit Breakdown for 775 Tremont Street, Boston MA 02118
Total Gross Income (Calculated)$147,492
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent Includes
Unit 4
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor3
Levels in Unit1
Rent Includes
General Information for 775 Tremont Street, Boston MA 02118
Listing ID73580647
Property TypeMulti Family
Price2999999 ($789.47/SqFt)
Style5+ Family - 5+ Units Up/down
CityBoston
CountySuffolk
MLS AreaSouth End
Neighborhood(s)
Approximate Living Area Total3800
Approximate Lot Size (Acres)0.04
Total Parking2
Garage Parking0
Year Built1899
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR4
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 775 Tremont Street, Boston MA 02118
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsWall Mounted Tv's-Brackets To Remain
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 775 Tremont Street, Boston MA 02118
Real Estate Taxes26265.68
Tax Year2026
Assessed Value$2,118,200
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 775 Tremont Street, Boston MA 02118
Neighborhood(s)
MLS AreaSouth End
Area AmenitiesWalk/jog Trails
Contact Information for 775 Tremont Street, Boston MA 02118