Active
3 Days on market
775 Tremont Street Boston — Photo 1 of 24

775 Tremont Street Boston — Photo 1 of 24

$2,999,999

775 Tremont Street, Boston, MA 02118

Boston, MA 02118 — South End

Investor Analysis

Beds

10

Baths

8

SqFt

3,800

Style

5+ Family - 5+ Units Up/Down

Built

1899

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$789/sqft
Local Avg (Boston)$522/sqft
51% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$2,999,999
Annual Taxes$26,265.68

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms31
Fireplaces2
FlooringWood
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate, Rubber
FoundationBlock
ZoningR4

Property & Lot

Acres0.04
SqFt Lot1,600
Lot FeaturesLevel, Other

Amenities & Appliances

Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Bike Path

Geography

Property History

Listed
$2,999,999

Sep 22, 2026

MLS® 73580647

Sold
$3,000

Nov 26, 2025

MLS® 73430903

Expired
$3,295,000

Oct 28, 2025

MLS® 73312099

Listed
$3,000

Sep 15, 2025

MLS® 73430903

Sold
$3,100

Sep 12, 2025

MLS® 73421880

Listed
$3,100

Aug 25, 2025

MLS® 73421880

Listed
$3,295,000

Nov 13, 2024

MLS® 73312099

Population

28,946

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$98K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

67.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Donahue + Greene Group

Listing Office: Compass

MLS® Number: 73580647

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