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Home Massachusetts South End Multi-Family Homes for Sale

775 Tremont Street Boston, MA 02118
NEW
15
775 Tremont Street, Boston, MA 02118
View Map
$3,295,000
5 Unit
10 Beds
9 Baths
3005 SQFT
0.04 Acre

Property Description

This exciting multifamily investment opportunity in Boston’s vibrant South End consists of 5 units, 4 stories, and 3000 SF. This professionally managed property is conveniently located near Northeastern University, Emerson College, Berklee College of Music, Symphony Hall, and the Prudential Center. The neighborhood location offers access to multiple MBTA stations, hospitals, and an abundance of shops and restaurants. The interiors of each 2-bedroom apartment include stainless steel appliances, gas cooking, microwave, dishwasher, stack washer/dryer, and wood floors. A new Navien heating system was added in 2023. The property is enhanced with rear decks, a roof deck, and 2 on-site parking spaces. With a solid track record of 100% occupancy by students and young professionals, the building is currently fully leased, with most units on a 9/1 move-in cycle. This steady income-producing asset also offers potential for conversion to condominiums or a single-family home.
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Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 11
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Total Half Baths: 3
  • Total Fireplaces: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Medical Facility, Public Transportation, Shopping, T-Station, University

Financial

  • APOD Available: Yes
  • Gross Operating Income: 189360
  • Net Operating Income: 189360

Utilities

  • Utility Connections: for Gas Oven, 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

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

Unit 3 Description

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

Unit 4 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Concrete Block
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73312099
  • Last Updated: 11/14/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/13/2024New$3,295,000$1,097MLSPIN

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Seller's Representative: Amy Donovan, LandVest, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-11-14 15:59:00

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