671 Tremont Street Unit 1 Boston, MA 02118
Two-floor corner space with street entrances on both Tremont and Pembroke, configured with multiple offices and a shared patio.
- Added:
- Feb 25, 2026
- Days on Market:
- 136
- Last Refresh:
- Jul 10 at 3:05 am
Property Features for 671 Tremont Street Unit 1
General Information
- Standard status
- Active
- Size
- 1,846 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1897
Listing office Star Residential,LLC
Listing date Feb 25, 2026
Source Kelleyrege
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 Star Residential,LLC
Investment Insights
Based on property information with market context.
The property is located at the corner of Pembroke and Tremont Streets in Boston’s South End. It fronts both thoroughfares and sits along a well-established retail and neighborhood corridor, with access to several major bus lines to downtown.
Internally, the current configuration supports professional use with multiple private offices on each floor, along with outdoor patio space for tenant and customer use in shared format.
Key Highlights
- Two‑floor corner office/retail space totaling 1,850+ SF (980 SF street level, 870 SF lower level)
- Street entrances on both Tremont and Pembroke Streets at the corner of the two
- Currently configured with three upstairs offices and four downstairs offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $121.8k | $66.00 |
| − Vacancy | −$18.5k | −$10.03 |
| EGI | $103.3k | $55.97 |
| − OpEx | −$25.8k | −$13.99 |
| NOI | $77.5k | $41.98 |
