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You are here:
$4,400,000
7 Unit
6 Beds
7 Baths
5910 SQFT
0.06 Acre
670 Tremont St
Boston, MA 02118

Property Description

Boasting a coveted location in Boston's vibrant South End, 670 Tremont Street, a multi-family gem has an unparalleled blend of sophistication and convenience. This elegant property comprises six meticulously maintained residential units, and 1 commercial unit. Currently being operated as 6 furnished minimum 30 day rentals grossing $283,000 per year. Hair salon occupies 2/3's of street level. 4 -1 beds, 1 two bed plus a studio apartment. All common utilities paid by owner. Can be purchased with all the furniture included. Proforma on MLS pinclip for projected rents as year to year leases. Strategically situated close to educational institutions and hospitals, this property is a haven for professionals. Discover the perfect blend of location, style, and comfort. As an investor seeking a prime property with credible upside rental potential , this is an opportunity you won't want to miss.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Highway Access, Laundromat, Medical Facility, Public School, Public Transportation, Shopping, University
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 283000
  • Gross Expenses: 64791
  • Electric Expenses: 6023
  • Water/Sewer: 4250
  • INSC: 12301
  • Repairs & Maintenance: 4387
  • Miscellaneous Expense: 1810
  • Net Operating Income: 218209

Utilities

  • Heat Zones: 1
  • Electric Info: Circuit Breakers, Common, Other (See Remarks), Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73316947
  • Last Updated: 12/07/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/07/2024Active$4,400,000$745MLSPIN
12/03/2024New$4,400,000$745MLSPIN

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View Breakdown

Map & Resources

Hurley K-8 School

Public Elementary School, Grades: PK-8

0.18mi

Blackstone Elementary School

Public Elementary School, Grades: PK-6

0.19mi

Melvin H. King South End Academy

Public Secondary School, Grades: PK-12

0.25mi

Boston University Medical Campus

University

0.29mi

Media and Technology Charter School

Charter School

0.31mi

ABCD Head Start and Children Services

Grades: PK-K

0.37mi

Northeastern University

University

0.38mi

Cathedral High

Private School, Grades: 9-12

0.38mi

Sister Sorel

Bar

0.08mi

Charlie's Sandwich Shoppe

Diner (Cafe)

0.21mi

Flour

Cafe

0.21mi

Jaho Coffee & Tea

Cafe

0.24mi

Render Coffee

Coffee Shop & Sandwich (Cafe)

0.27mi

Greystone Cafe

Cafe

0.28mi

South End Buttery

Cafe

0.3mi

South End Buttery

Cafe

0.34mi

Boston Fire Department Engine 22

Fire Station

0.09mi

Boston Fire Department Engine 3

Fire Station

0.39mi

Boston Fire Department Engine 7, Ladder 17

Fire Station

0.58mi

Boston Police Department, Area D-4

Local Police

0.37mi

MBTA Transit Police

Police

0.43mi

Dr. Solomon Carter Fuller Mental Health Center

Hospital. Speciality: Psychiatry

0.46mi

Boston Medical Center

Hospital

0.45mi

Commonwealth Community Care

Hospital

0.54mi

Plaza Theaters

Theatre

0.32mi

Nancy and Edward Roberts Theatre

Theatre

0.36mi

Virginia Wimberly Theatre

Theatre

0.36mi

Pierce Hall

Theatre

0.46mi

Mills Gallery

Gallery

0.31mi

Piano Craft Gallery

Gallery

0.34mi

Matthews Arena

Stadium. Sports: Basketball, Ice Hockey

0.39mi

Boston Center for the Arts

Arts Centre

0.35mi

Blackstone Community Center Gym

Fitness Centre

0.18mi

Rev'd Indoor Cycling

Fitness Centre. Sports: Cycling

0.42mi

Boston Sports Club

Fitness Centre. Sports: Fitness

0.45mi

O'Day Playground

Municipal Park

0.04mi

South End Library Park

Municipal Park

0.04mi

Hiscock Park

Park

0.14mi

Blackstone Square

Park

0.15mi

Hayes Park

Municipal Park

0.16mi

Harriet Tubman Square

Municipal Park

0.17mi

Titus Sparrow Park

Municipal Park

0.21mi

Franklin Square

Park

0.22mi

Worcester St. Playground

Playground

0.17mi

Monsignor Reynold's Playground

Playground

0.28mi

Peters Park Tot Lot

Playground

0.46mi

South End Laundry

Laundry

0.27mi

Berkeley Cleaners

Laundry

0.39mi

Tribe Barber

Hairdresser

0.18mi

Skip's Barbershop

Hairdresser

0.19mi

A-1 Barber Shop

Hairdresser

0.23mi

Darcy Barber Shop

Hairdresser

0.3mi

Venus Nails & Spa

Nails

0.31mi

My ManiPedi Spa

Nails

0.32mi

Star Market

Supermarket

0.46mi

Neiman Marcus

Department Store

0.43mi

Copley Place

Mall

0.34mi

Prudential Center

Mall

0.42mi

Villa Victoria's Market

Convenience

0.17mi

The Food Basket

Convenience

0.27mi

Tremont St @ Pembroke St

43

0.02mi

Tremont St @ Aguadilla St

43

0.04mi

Tremont St @ Concord Sq

43

0.12mi

Tremont St @ Worcester St

43

0.14mi

Dartmouth St @ Tremont St

10

0.16mi

Dartmouth St @ Tremont St

10

0.17mi

Opp 43 W Dedham St

10

0.18mi

43 W Dedham St

10

0.18mi

Seller's Representative: Ted Pietras, Gibson Sotheby's International Realty
MLS ID#: 73316947

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-12-07 03:05:00