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.
— MLSPIN #: 73142106Map of 768 - 772 Tremont Street, Boston, MA 02118
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| List Price: | $5,250,000 |
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| Status: | Active |
| MLS ID: | 73142106 |
| Town: | Boston |
| Neighborhood: | South End |
| County: | Suffolk |
| Zip: | 02118 |
| Property Type: | Land |
| Acres: | 0.09 |
| Taxes: | 36,674 |
| Lot Features: | Level, Corner Lot |
| Status: | Active |
| Water Source: | Public |
| Directions: | Corner of Tremont Street & W. Springfield Street |
| Electric: | On-Site |
| Listing Contract Date: | 2023-07-29 |
| Lot Size Area: | 0.09 |
| Lot Size Square Feet: | 3,774 |
| Bathrooms Total Integer: | 0 |
| Community Features: | Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, University, Sidewalks |
| Gas: | On-Site |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Zoning: | MFR/LS |
| Electric On Property?: | Yes |
| Farm Land Area Units: | Square Feet |
| Listing Agreement: | Exclusive Right To Sell |
| Disclosure: | No |
| Dpr Flag: | No |
| Listing Alert: | No |
| Page: | 0 |
| Original List Price: | $5,250,000 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $2,094,000 |
| Tax Year: | 2023 |
| Waterview Flag: | No |
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MLS Property Information Network, Inc. data last updated on November 23, 2024 08:02 AM
Property Last Updated: October 28, 2024 03:10 AM
Listing Courtesy of: Gibson Sotheby's International Realty
Listing Agent: Anthony Bruno
781-710-4544
