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Mixed-Use Retail and Residential
For Sale
$3,695,000

230A Tremont St, Boston, MA 02116

Street-level retail with three renovated residential units above, generating gross annual income exceeding $285,000.

Property Size1,910 SF
Days on Market98

Property Features for 230A Tremont St

General Information

Standard status Active
Size 1,910 SF
Property subtype Commercial

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 3

Building Details

Building Size 1,910 SF
Year Built 1910
Tenancy Multi
Listing Agency: City Realty Group
Listed By: Sean Rose · License #9567526
Source: Iverty
Added: Jul 15 Changed: Oct 19 Last Checked: Oct 19 at 9:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Realty Group

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Investment Insights

Based on property information with market context.

This investment property combines street-level retail with three renovated residential units on the upper floors. The ground-floor space is configured as a street-level retail unit, while the three residences above offer modern finishes and updated layouts. Two of the units include 3 bedrooms and 2 full baths, and the third unit provides 3 bedrooms with 1.5 baths. The property is described as fully stabilized, and supporting materials including suite plans, Matterports, and an investment pro-forma are available upon request.

Located in Boston’s Theater District, the property is described as steps from historic theaters and the Boston Common, with multiple universities nearby. The listing also notes convenient access to I-93 South, approximately 0.2 miles away, and walking distance to multiple MBTA stations.

The offering is positioned as a turnkey, stabilized income-producing asset with over $285,000 in gross annual income, supported by the availability of pro-forma materials for review.

Key Highlights

  • Fully stabilized investment property with street‑level retail on the ground floor and three residential units above
  • Gross annual income exceeds $285,000 (per listing summary)
  • Three newly renovated luxury residential units above the retail space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Butcher Clothing & Fashion Store Pet Grooming Service Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

21,165
Businesses Nearby

Demographics for 02116, MA

23,408
Population
14,110
Households
1.7
Avg Household Size
36
Median Age
77%
College-Educated
93%
High-School Grad
0.6 sq mi
ZIP Area
39,013
Density / Sq Mi
$127,309
Median Household Income
$85,296
Median Earnings
$2,341
Median Rent
$1,583,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Street-level retail with three renovated residential units above, generating gross annual income exceeding $285,000.
Where is this triplex located?
The property is located at 230A Tremont St Boston, MA.
What is the asking price?
The asking price for this property is $3,695,000.
What are key features of this property?
This property features: Fully stabilized investment property with street‑level retail on the ground floor and three residential units above; Gross annual income exceeds $285,000 (per listing summary); Three newly renovated luxury residential units above the retail space
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