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Home Massachusetts Multi-Family Homes for Sale

775 Tremont Street Boston, MA 02118
NEW
24
$2,999,999
Total Beds: 10 Total Baths: 10
Total Units: 5 SQFT: 3800
LOT size: 0.04 Acres
775 Tremont Street
Boston, MA 02118
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Property Description

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.
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Property Details

Building Information

  • Total Units: 5
  • Total Floors: 7
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Total Half Baths: 4
  • Total Fireplaces: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University
  • Basement Features: Full, Unfinished Basement
  • Common Appliances: Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks), Owner Provided, Projected
  • Gross Operating Income: 187812
  • Net Operating Income: 187812

Utilities

  • Heat Zones: 5
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Concrete Block
  • Roof Material: Rubber, Shingle, Slate
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73580647
  • Last Updated: 09/22/26

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Map

Seller's Representative: Donahue + Greene Group, Compass
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 2026-09-22 07:36:00