For Sale
775 Tremont St, Boston, MA
Boston · MA 02118
- $2,999,999
- Price
- 10
- Beds
- 8
- Baths
- 3800
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1899
Units:
5 Units
Lot size:
1,600 Sq.Ft Lot
Price per square foot:
$789 / Sq.Ft
Parking:
2 Off Street Spaces
About this home
Stabilized South End multifamily asset offering in-place income and defined upside. 775 Tremont Street comprises five fully leased two-bedroom residences generating $15,651 per month and $187,812 in current annual residential rent, with leases extending through 2027. Renovated in 2021, the units feature modern kitchens with dishwashers, hardwood floors and in-unit laundry. Recent building improvements include an updated Navien heating and hot-water system (2023). Rear decks, two roof decks and two off-street parking spaces further distinguish the property. The parking spaces are not presently rented, creating an immediate opportunity for additional income. Based on market-rent and parking assumptions, the seller’s pro forma projects $249,000 in annual gross income and a 5.80% cap rate. Well suited to a long-term hold or 1031 exchange buyer seeking a stabilized Boston asset, the property also offers future value-add and repositioning potential. Its location near major universities, medical centers, Back Bay, the Prudential Center, MBTA service and Tremont Street dining supports enduring rental demand, complemented by a 97 Walk Score, 96 Transit Score and 97 Bike Score.
Neighborhood & Transit
South End
775 Tremont St, Boston · MA 02118
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Massachusetts Avenue Orange 0.21 mi
-
Symphony Green 0.31 mi
-
Ruggles Orange Commuter Rail 3 routes 0.37 mi
- Franklin/Foxboro Line
- Needham Line
- Providence/Stoughton Line
-
Prudential Green 0.42 mi
-
Northeastern University Green 0.44 mi
Price Insight
- Days on Market:
- 42 days
- Listing Price:
- $2,999,999
- Price per Sq.Ft:
- $789
- Tax Assessment:
- $2,118,200 in 2026
- Taxes:
- $2,189 / Monthly
Home Facts
Interior Features
- Bedrooms
- 10
- Full Bathrooms
- 6
- Half Bathrooms
- 4
- Living Area
- 3,800 Sq.Ft
- Broker Disclosure about Living Area
- Living Area as provided by Property Manager.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3800
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 1,600 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 2 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Brick
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Donahue + Greene Group
- Listing office
- Compass
- MLS PIN #
- 73580647
- Disclosure
- Offered as-is. Buyer to perform independent due diligence regarding all financial information and future use. Two roof decks in need of repair.
- Disclosure
- Living Area as provided by Property Manager.
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