775 Tremont Street Boston MA 02118 MLS #73312099

775 Tremont Street
Boston, MA, 02118
$3,295,000
10 Beds
7.5 Baths
3,005 SqFt
0.04 Acres
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This exciting multifamily investment opportunity in Boston’s vibrant South End consists of 5 units, 4 stories, and 3005 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.

Property Details

Price:
$3,295,000
MLS #:
73312099
Status:
Active
Beds:
10
Baths:
7.5
Address:
775 Tremont Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
South End
City:
Boston
Listed Date:
Nov 13, 2024
State:
MA
Finished Sq Ft:
3,005
Total Sq Ft:
3,005
ZIP:
02118
Lot Size:
1,600 sqft / 0.04 acres (approx)
Year Built:
1899
Units:
5
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Schools

Interior

Bathrooms
6 Full Bathrooms, 3 Half Bathrooms
Fireplaces Total
2

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, House of Worship, T- Station, University
Parking Features
Assigned
Parking Spots
2

Financial

Net Operating Income
$189,360
Tax Year
2025
Taxes
$23,243

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Community

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