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 Unt 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.

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on 768 772 Tremont St
in Boston, MA
Presented by Anthony Bruno at
Gibson Sotheby's International Realty.


Property MLS #73142106 from MLSPIN

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+ Land Info

Lot Description: Level, Corner Lot
Lot Size Acres: 0.0866391
Lot Size Square Feet: 3774

+ Exterior and Lot Features

Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Road Surface Type: Paved

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Amenities and Community Features

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

+ Other Property Info

Annual Tax Amount: 36673.76
City Region: South End
Source Listing Status: Active
County: Suffolk
Directions: Corner of Tremont Street & W. Springfield Street
Tax Year: 2023
Source Property Type: Land
Zoning: MFR/LS
Source System Name: C2C
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Listed 2024-04-17
$5,250,000
MLSPIN

+ Utilities

Electric: On-Site
Electric On Property: Yes
Gas: On-Site
Sewer: Public Sewer
Water Source: Public

+ Building and Construction

Building Area Units: Square Feet

+ Display Complete School Details

Hurley K-8 School is a public elementary and middle school located approximately 0.1 miles away.
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Carter Developmental Center is a public middle and high school located approximately 0.2 miles away.
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Nativity Prep School is a private elementary and middle school located approximately 0.5 miles away.
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