Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

775 Tremont Street

South End - Boston, MA ID #73580647

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775 Tremont Street

South End - Boston, MA ID #73580647

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.

Additional Details

  • Status: Active
  • Type: Multi-Family, Multi Family
  • Area: South End
  • Zip Code: 02118
  • Taxes: 26,266
  • Levels: 7
  • Acres: 0.04

Parking

  • Garage Capacity: 2
  • Parking: Off Street, Deeded
  • Parking Spaces: 2

Rooms/Dimensions

  • Total Units: 5
  • Total Floors: 7
  • Total Rooms: 31
  • Has Basement: Yes

Location

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Content © 2026 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Donahue + Greene Group of Compass. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.