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For Sale

775 Tremont Street, Boston MA 02118

Boston, MA 02118

$3.0M
10 BD · 10 BA · 3,800 sf · 0.04 ac · Built 1899
The residence

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.

At a glance
Property type
5+ Family - 5+ Units Up/Down
Status
Active
Year built
1899
Lot size
0.04 acres
Living area
3,800 sf
MLS#
48cd82e2fc04b63389f2e4822ee0da4a
Beds · Baths
10 · 10
Location

Boston, MA.

Boston keeps its history in plain sight — brick, granite and gaslight along streets laid down long before the grid. Life here runs on short distances: the harbour, the Common, the theatre district and the river all within a walk of one another.

Estimated Monthly Payment+
$15K/mo
Approximate · principal & interest only
Display Currency
$3.0M

Indicative conversion — settlement always in USD.

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Listings updated Sep 26, 2026

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