661 Tremont, Boston, MA 02118
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$4,700,000
5 Unit
8 Beds
6 Baths
4810 SQFT
0.04 Acre

Property Description

661 Tremont Street in Boston's South End is a fully renovated trophy property, completely renovated in 2012, with the highest quality construction and building materials available. It features a strong rent roll and stunning views of the Boston skyline. This multi-family building includes four 2-bedroom residential units and a ground-floor commercial space currently housing a trendy neighborhood café. Each unit offers modern amenities, open layouts, and abundant natural light. The property also boasts two private parking spaces, enhancing its value and appeal in this sought-after area.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 15
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Basement Features: Concrete Floor, Finished, Interior Access, Other (See Remarks), Walk Out
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Common Heating: Central Heat, Electric
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Not Available
  • Gross Operating Income: 246000
  • Gross Expenses: 24417
  • Electric Expenses: 50
  • Water/Sewer: 2800
  • INSC: 3500
  • Net Operating Income: 221583

Utilities

  • Electric Info: 200 Amps
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Wood
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73236065
  • Last Updated: 05/14/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/14/2024Active$4,700,000$977MLSPIN
05/10/2024New$4,700,000$977MLSPIN
10/25/2022Rented$5,300$1MLSPIN
08/09/2022Under Agreement$5,300$1MLSPIN
07/01/2022Active$5,300$1MLSPIN
06/27/2022Price Change$5,300$1MLSPIN
04/23/2022Active$5,300$1MLSPIN
04/23/2022Active$5,800$1MLSPIN
04/20/2022New$5,800$1MLSPIN

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Seller's Representative: Matthew Ramey, Concept Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-14 03:05:00