768 - 772 Tremont Street, Boston, (South End), MA, 02118
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.
Status:
Active
Town:
Boston
Type:
Lot / Acreage
Zoning:
MFR/LS
Acreage:
0.09
Est. Taxes:
$36,674
Assessment
$2,094,000
Lot Description:
Level, Corner Lot
Amenities:
Public Transportation, Shopping, Park, Medical Facility, Highway Access, T-Station, University, Sidewalks
MLS #:
73142106
Buyer Agent Compensation:
2.5
Facilitator Compensation:
0
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
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Listing courtesy of Anthony Bruno, Gibson Sotheby's International Realty Phone: 617-426-6900