1536-1542 Tremont Street

Boston, MA 02120

$5,700,000
Last Sold Price
19
Beds
8
Baths
3
1/2 Baths
12,443 Sq. Ft.
$458 / Sq. Ft.
12,443
Sq. Ft.
$458
per Sq. Ft.

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&Women’s Children’s, Joslin Clinic and Longwood Medical Ctr. Additionally, Northeastern University, Wentworth Institute of Technology, Mass School of Pharmacy and more,...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&Women’s Children’s, 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.
  1. Listed by Edmond McGonagle • William Raveis R.E. & Home Services

Property Details for 1536-1542 Tremont Street

Town
Boston
MLS Area
Mission Hill
Area
MA-Boston-Mission Hill, MA-Boston
Garage Spaces
3
Parking Spaces
3.00
Parking Spaces Total
6

Location

Add your commute
LISTING UPDATED: 08/05/2022 09:55 AM

Property Details for 1536-1542 Tremont Street

StatusSold
MLS #72934717
Days on Market143
Taxes$27,237 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1920
CountySuffolk County

Location

Add your commute

Building Information for 1536-1542 Tremont Street

Stories10Residences10Year Built1920Building Size-Lot Size0.12 AC / 5,076 SF

Payment Calculator

$33,377 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,107

Property Taxes

$2,270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1536-1542 Tremont Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, University
  • Current Financing: Private
  • Living Area: 12443.0
  • Color: Red brick
  • SqFt with Basement: No
  • Total Units: 10
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Basement Features: Full, Partially Finished
  • Num of Baths: 11.0
  • Num of Full Baths: 8
  • Num of Half Baths: 3
  • Bathrooms Total Decimal: 9.50
  • Bathrooms Total Integer: 11
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Carpet, Varies Per Unit
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room, Dining Room
Exterior Features
  • Construction: Brick
  • Exterior Features: Rain Gutters
  • Exterior Features: Fenced Yard, Deck - Wood
  • Fencing: Fenced
  • Lot Description: Corner Lot, Zero Lot Line
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Rubber
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Varies per Unit
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All Operating Income And Expense Information Provided By Seller. Buyer To Perform Own Due Diligence.Total 33 Apt Rooms And 7 Retail Rooms.
Tax Information
  • Listing Terms: Contract
  • Tax ID: 3399723
  • Assessments: $2,552,700
  • Book: 23331
  • Tax Year: 2021
  • Zoning: 0013
Building / Association Information
Living Characteristics
  • Beds Total: 19
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Foundation Area: 99999.0
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $383,868.00
  • GRE: $51,600
  • NOI: $332,268.00
  • Operating Expense: $51,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 3
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $30,240.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.5
  • Other Agent Compensation: 0.0

Property History for 1536-1542 Tremont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1536-1542 Tremont Street

This home is within Boston School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 7 to 12
Public - 6 to 8
Rating
School
Distance
Tobin K-8 School
PublicPK to 8

Fenway High School
Public9 to 12

Boston Latin School
Public7 to 12

James P Timilty Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.