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.
Property Details
Property Features
Listing Office:
Office Name: Gibson Sotheby's International Realty
Office Phone: (617) 426-6900
Listing Agent: Anthony Bruno
Lot Features
Lot Information:
Lot: Level, Corner Lot
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: Corner of Tremont Street & W. Springfield Street
Price Information
Listing Price Info
Price Summary:
List Price: $5,250,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Boston, MA.
This property is $4.4M more than the Median Sold Price in Boston, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73142106
Listing Office:
Office Name: Gibson Sotheby's International Realty
Office Phone: (617) 426-6900
Listing Agent: Anthony Bruno
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
-
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$26.2K
Per Month
Principal & Interest
$26.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15.8K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Blackstone Innovation School
380 Shawmut Ave
Distance between this listing and this school0.60 miles
Public District Grades PK-5
6
/10
Nathan Hale Elementary School
51 Cedar St
Distance between this listing and this school0.96 miles
Public District Grades PK-5
2
/10
Samuel W. Mason Elementary School
150 Norfolk Ave
Distance between this listing and this school1.02 miles
Public District Grades PK-5
Nearby Schools
6
/10
Joseph J. Hurley K-8 School
70 Worcester St
Distance between this listing and this school0.27 miles
Public District Grades PK-8
2
/10
Orchard Gardens K-8 School
906 Albany St
Distance between this listing and this school0.60 miles
Public District Grades PK-8
2
/10
Maurice J. Tobin K-8 School
40 Smith St
Distance between this listing and this school0.86 miles
Public District Grades PK-8
Nearby Schools
3
/10
Edward M. Kennedy Academy for Health Careers
360 Huntington Ave # Co
Distance between this listing and this school0.49 miles
Public Charter Grades 9-12
8
/10
John D. O'Bryant School of Mathematics and Science
55 Malcolm X Blvd
Distance between this listing and this school0.55 miles
Public District Grades 7-12
1
/10
Madison Park High
75 Malcolm X Blvd
Distance between this listing and this school0.57 miles
The neighbors living near this home have an average income of $24,227. The most common annual income of people living in Boston, MA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 768-772 Tremont St
What is the listing price of this property?
The listing price of 768-772 Tremont St property is $5,250,000.
What type of property is this?
The property 768-772 Tremont St is land located in Boston, Massachusetts, 02118.
Is this property for sale now?
Active Listing: 768-772 Tremont St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 768-772 Tremont St in Boston, MA and zip code 02118 in the Roxbury neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since July 29, 2023 and is currently priced at $5,250,000.
Boston, MA housing market in October 2024 saw over 106 listings sold above listed price, more than 49 sold at listed price and over 167 sold below. The number of homes for sale in Boston, MA increased by 9.7% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $815,961.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Music Concerts
H&M
Burlington
Foot Locker
Boston Market
Popeyes
White Castle
Honda
Nissan
Kia
Rhythmic Contemporary Hits
Urban Adult Contemporary
News