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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 5 |
| Living area | 3,800 sqft |
| Lot size | 1,600 sqft |
| Year built | 1899 |
| Price / sqft | $789 |
| County | Suffolk |
| MLS # | 73580647 |
Listing status
| Days on market | 0 days |
| Listed on | September 22, 2026 |
Taxes & financials
| Annual property tax | $26,266 |
| Tax year | 2026 |
| Assessed value | $2,118,200 |
| Zoning | R4 |
| Gross income (actual) | $187,812/yr |
| Net operating income (actual) | $187,812/yr |
| Total actual rent | $15,651/mo |
Building & lot
| Stories | 7 |
| Total rooms | 31 |
| Lot size | 0.04 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street, Deeded |
| Basement | Full, Unfinished |
| Foundation | Block |
| Roof | Slate, Rubber |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer |
Location
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 775 Tremont Street, Boston MA 02118 have?
It is a 5-unit multi-family property with 3,800 sqft of living area, built in 1899.
How long has 775 Tremont Street, Boston MA 02118 been on the market?
775 Tremont Street, Boston MA 02118 has been listed for 0 days (since September 22, 2026).
What is the price per unit?
At a list price of $2,999,999 across 5 units, that works out to roughly $600,000 per unit.
What are the property taxes on 775 Tremont Street, Boston MA 02118?
Annual property taxes are $26,266 (2026), on an assessed value of $2,118,200.
What is the price per square foot?
At $2,999,999 for 3,800 sqft, that's about $789 per square foot.
Is there parking?
2 total parking spaces (off street, deeded).
Where is this property located?
775 Tremont Street, Boston MA 02118 is in Boston, Suffolk County, MA 02118.
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