Homes for sale - 768 - 772 Tremont Street, Boston, MA 02118

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BHRE Brad Hutchinson Real Estate

sales@bradhutchinson.com +1(781) 665-2222

$5,250,000

Est. payment - /mo

3,920 Sqft Lot

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UPDATED:

11/26/2024 08:05 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73142106

HOA Y/N false

Annual Tax Amount $36,673

Tax Year 2023

Lot Size 3,920 Sqft

Acres 0.09

Property Description

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.

Location

State MA

County Suffolk

Area South End

Zoning MFR/LS

Direction Corner of Tremont Street & W. Springfield Street

Exterior

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, University, Sidewalks

Building

Lot Description Level, Corner Lot

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Gibson Sotheby's International Realty

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

768 - 772 Tremont Street Boston, MA 02118