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$4,400,000
Total Beds: 6 Total Baths: 7
Total Units: 7 SQFT: 5910
LOT size: 0.06 Acres
670 Tremont St
Boston, MA 02118
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Property Description

Boasting a coveted location in Boston's vibrant South End, 670 Tremont Street, a multi-family gem has an unparalleled blend of sophistication and convenience. This elegant property comprises six meticulously maintained residential units, and 1 commercial unit. Currently being operated as 6 furnished minimum 30 day rentals grossing $283,000 per year. Hair salon occupies 2/3's of street level. 4 -1 beds, 1 two bed plus a studio apartment. All common utilities paid by owner. Can be purchased with all the furniture included. Proforma on MLS pinclip for projected rents as year to year leases. Strategically situated close to educational institutions and hospitals, this property is a haven for professionals. Discover the perfect blend of location, style, and comfort. As an investor seeking a prime property with credible upside rental potential , this is an opportunity you won't want to miss.

Property Details

Building Information

  • Total Units: 7
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping, University
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 283000
  • Gross Expenses: 64791
  • Electric Expenses: 6023
  • Water/Sewer: 4250
  • INSC: 12301
  • Repairs & Maintenance: 4387
  • Miscellaneous Expense: 1810
  • Net Operating Income: 218209

Utilities

  • Heat Zones: 1
  • Electric Info: Circuit Breakers, Common, Other (See Remarks), Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73316947
  • Last Updated: 12/07/24

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Map

Seller's Representative: Ted Pietras, Gibson Sotheby's International Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-12-07 03:05:00