133-141 Tremont St Boston, MA 02135
- Apartment buildings
- 8,500 SF
Current Use by Public Records
- Apartment buildings
Property Details for 133-141 Tremont St
- Year built
- 2012
- Property size
- 8,500 SF
- Property type
- Apartment buildings
Description
This exceptional investment opportunity presents five (5) luxury townhomes in Boston, MA, built in 2012. The property comprises two buildings, each offering unique features. Two side-by-side units at 133-135 Tremont Street boast three levels of living space, approximately 1,700 square feet each, with unfinished basements providing potential for expansion. The remaining three units at 137-141 Tremont Street include two-car garages and outdoor space, with unit 141 featuring a bluestone balcony. Each unit features three bedrooms, 2.5 bathrooms, gourmet kitchens with granite countertops and stainless steel appliances, and high-end finishes throughout. All units are fully leased through 2025, providing immediate cash flow and potential for future rental increases. Tenants are responsible for all utilities (gas heat, central AC, gas hot water heaters). The property sits on an 11,226 square foot lot, totaling 8,500 square feet of living space. The asking price is $4,150,000, representing a 4.60% cap rate and a Net Operating Income (NOI) of $192,462. This property offers a compelling investment opportunity, with the potential to sell as a multi-family property or as individual condominiums. The location provides easy access to major highways, public transportation, and numerous amenities, including hospitals, universities, and shopping. The property is situated in a desirable residential neighborhood near Oak Square, Brighton Center, and Boston Landing.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boston
- County
- Suffolk
- State
- Massachusetts
- Longitude
- -71.1739
- Latitude
- 42.3521
