768 - 772 Tremont Street, Boston, MA

$5,250,000

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0.09

Acres

About 768 - 772 Tremont Street

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.

Features of 768 - 772 Tremont Street

MLS® # 73142106
Price $5,250,000
Bathrooms 0.00
Acres 0.09
Type Land
Status Active

Community Information

Address 768 - 772 Tremont Street
Area South End
City Boston
County Suffolk
State MA
Zip Code 02118

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Level, Corner Lot

Additional Information

Zoning MFR/LS

Listing Details

Agent Anthony Bruno
Office Gibson Sotheby's International Realty

Listing Map

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