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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.

More Info

Basic Information

  • Gross Income $187,812
  • Lot Features Level, Other
  • Mls StatusNew
  • Parcel Number 3392945

Tax Information

  • Tax Assessed Value $2,118,200
  • Tax Year 2026
  • Taxes$26,265

Parking

  • Parking Features Off Street, Deeded
  • Parking Spaces2

Rooms

  • Bathroom10
  • Bathrooms Total Decimal 8
  • Bedrooms10
  • Full Bath6
  • Half Baths4

Basic Information

  • List Price$2,999,999
  • MLS Number73580647
  • Modification Date09/22/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address775 Tremont Street
  • Building Number775
  • CountySuffolk
  • NeighborhoodSouth End
  • StateMA
  • StreetTremont Street
  • SubdivisionSouth End
  • TownBoston
  • Zip02118

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationBlock
  • Levels 7
  • Patio And Porch Features Porch, Deck, Deck - Roof
  • Rooms31
  • Stories7
  • Units5
  • Year Built1899
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.04

Interior

  • Flooring Wood

Exterior

  • RoofSlate, Rubber

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 3,800
  • Lot Size Square Feet 1,600
  • Lot Size Units Acres
  • Square Feet3,800

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Other
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • University
  • Appliances IncludedRange, Dishwasher, Refrigerator, Freezer, Washer, Dryer
  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed09/22/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Donahue + Greene Group of Compass

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