775 Tremont St - Apartments FOR SALE


Boston, MA 02118
$3,295,000 USD
508-451-0020
775 Tremont St, Boston, MA for Sale
$3,295,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

775 Tremont St
Boston, MA 02118


HIGHLIGHTS

  • Fully leased multifamily investment
  • (5) 2 bedroom units
  • (2) off street parking spaces
  • Multiple MBTA stations nearby
  • 100% occupancy
  • Strong rental history

OVERVIEW

LandVest Commercial is pleased to offer this multifamily investment opportunity in Boston’s vibrant South End. Consisting 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 Prudential Center. The neighborhood location offers access to 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.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$1,351 USD /SF

# OF UNITS

5

PRICE/UNIT

$659,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Unit Multifamily

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1899

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

CBOS-000000-000009-000787

ASK ABOUT THIS PROPERTY

Dave KillenLandVestMore Info
508-451-0020

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Dave KillenLandVestMore Info
508-451-0020

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