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1536-1542 Tremont St

Boston, MA 02120
  • $6,250,000
  • STATUS: Price Changed
  • MLS #: 72934717
Price Reduced
UPDATED: 47 min ago
$6,250,000
  • 19
    BEDS
  • 0.12
    ACRES
  • 8
    BATHS
  • 3
    1/2 BATHS
  • 12,443
    SQFT
  • $502
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Listing courtesy of Edmond McGonagle of William Raveis R.E. & Home Services.

Description

Opportunity Abounds! ~ 1536-1542 Tremont St. is seconds from Brigham Circle. The property is a free-standing brick building with 8 apartments and 2 retail storefronts plus a 16X28 garage.This exceptional offering is at the gateway to the medical district with proximity to all major hospitals, including Beth Israel Deaconess, Brigham&Womens Childrens, Joslin Clinic and Longwood Medical Ctr. Additionally, Northeastern University, Wentworth Institute of Technology, Mass School of Pharmacy and more, are within a 1 mile radius, giving this property unlimited potential. The one retail unit occupied is a 5 yr Triple Net lease, while the other retail unit is currently vacant. Amazing turn key rental property with tremendous appreciation potential - perfect for 1031 tax exchange buyers or lucrative long term investment. Convenient to all forms of public transportation and a very short distance to many of the major draws of this vibrant professional community.

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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. Data last updated 2022-05-19T07:14:21.043.
www.welchmanrealestate.com/homes/124841554
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1536-1542 Tremont St Boston, MA 02120

  • Price: $6,250,000
  • Status: Price Changed
  • On Site: Days
  • Updated: 47 min ago
  • MLS #: 72934717
19
Beds
8
Baths
3
½ Baths
0.12
Acres
12,443
SQFT
$502
$/SQFT
1920
Built
Neighborhood:
Mission Hill
County:
Suffolk
Area:
Mission Hill
Property Description
Opportunity Abounds! ~ 1536-1542 Tremont St. is seconds from Brigham Circle. The property is a free-standing brick building with 8 apartments and 2 retail storefronts plus a 16X28 garage.This exceptional offering is at the gateway to the medical district with proximity to all major hospitals, including Beth Israel Deaconess, Brigham&Womens Childrens, Joslin Clinic and Longwood Medical Ctr. Additionally, Northeastern University, Wentworth Institute of Technology, Mass School of Pharmacy and more, are within a 1 mile radius, giving this property unlimited potential. The one retail unit occupied is a 5 yr Triple Net lease, while the other retail unit is currently vacant. Amazing turn key rental property with tremendous appreciation potential - perfect for 1031 tax exchange buyers or lucrative long term investment. Convenient to all forms of public transportation and a very short distance to many of the major draws of this vibrant professional community.
Exterior Features

Beachfront No Color Red Brick Construction Brick Exterior BrickStone Exterior Features Deck - WoodGuttersFenced Yard Foundation Poured Concrete Foundation Size 99999 Lot Description CornerZero Lot LineCity View(S) Parking Features Off-Street Parking Spaces 3 Road Type Public Roof Material Rubber Waterfront Flag No Waterview Flag No

Interior Features

Basement Yes Basement Features FullPartially Finished Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 3 Bedrooms Unit4 4 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring WoodTileVinylWall To Wall CarpetVaries Per Unit Floors Unit1 2 Floors Unit2 3 Floors Unit3 2 Floors Unit4 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Hot Water Natural GasTank Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 21 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomDining RoomKitchen Rooms Unit1 4 Rooms Unit2 5 Rooms Unit3 5 Rooms Unit4 7

Property Features

Adult Community No Amenities Public TransportationShoppingMedical FacilityLaundromatHouse Of WorshipPublic SchoolUniversity Apod Available Yes Assessments 2552700.00 Disclosure No Disclosures All Operating income And Expense information Provided By Seller. Buyer To Perform Own Due Diligence.Total 33 Apt Rooms And 7 Retail Rooms. Electric Features Circuit Breakers Expenses Source Owner Provided Expenses Year End 12/19 Gross Operating Income 383868 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 332268 Rent Unit1 3000 Rent Unit2 3100 Rent Unit3 3600 Rent Unit4 4450 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Disclosures Living Area = Total Bldg Space10474 Sq Ft is Apt/Retail intteriorspace.Add’l Rooms in Retail 7 Sq Ft Source Owner Tax Year 2021 Taxes 27237.00 Terms Contract For Deed UFFI Unknown Utility Connections For Gas RangeFor Electric RangeFor Gas OvenFor Electric OvenVaries Per Unit Warranty No Water City/Town Water Year Built Description Actual Year Built Source Public Record Year Round Yes Zoning 0013

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Edmond McGonagle of William Raveis R.E. & Home Services.


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. Data last updated 2022-05-19T07:14:21.043.
 
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Welchman Real Estate Group | Keller Williams Realty of Newport
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Listing courtesy of Edmond McGonagle of William Raveis R.E. & Home Services.