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20 Melrose Street, Back BayBoston, MA 02116MLS Number 72405225

  • Price: $2,850,000The price has recently decreased
  • 291 Days on Market
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Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 3.81% last updated on 2019-07-18

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

  • 5,300Square Feet
  • 1900Year Built
  • 2Parking Spaces
  • CIProp Type

Turn Key NNN ...Bay Village! 5% cap! Loft-like, well-appointed office space distributed over 3 floors with conf room, reception area w/ 11 private offices plus ample storage space. Two deeded parking spaces inc in sale. 2 years remaining on lease 2% bumps then full market. Substantial renovations to property's interior as well as roof and AC system. Steps to Back Bay and S End shops and restaurants. Free standing one tenant building on a quiet street. Property is 1 of only a 2 unit condo assoc shared with the building at 39 church. the buildings share a rear egress. The property leasable sf includes an additional approx 1300 sf of common areas w/ 2 sets of bathrooms located on 2 floors shared w/ 39 church and has 4002 sf of exclusively deeded private space. Rental bumps yearly. Property is zoned for Residential or Commercial and could be converted back to a single family or multiple apartments down the road and or potential 3rd fl addition Over $160k of the lease is securitized.

Listed by Herb Entwistle and Marissa Valdez of Cityscapes International Realty

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Boston Lofts

Your Local Office

Boston Lofts
745 Boylston Street
Boston MA, 02116

Office: 617-417-9237 / 617-642-4538

More Info


  • Parking Spaces2
  • Parking FeatureAssigned, Paved Driveway


  • Year Built1900
  • ConstructionBrick
  • Total Units1
  • Total Bldg Sf5300
  • No Units1
  • No Buildings1
  • No Of Restrooms4
  • No Stories3
  • Entry OnlyNo
  • Assessed Value Bldg823500


  • UtilitiesPublic Water, Public Sewer


  • Photo Date2018-10-11T16:39:00
  • Number of Photos22

Basic Information

  • StatusACT
  • MLS Number72405225
  • Prop TypeCI
  • Status Date2019-05-29T10:14:00
  • Date Listed10/03/2018
  • List Price$2,850,000
  • Price Per Square Foot$538
  • LeaseYes
  • Lease Price IncludesBuilding
  • Lease TypeTriple Net Lease (NNN)
  • DirectionCharles Street to Melrose St


  • Roof MaterialMembrane


  • StreetMelrose Street
  • TownBoston
  • StateMA
  • Zip02116
  • Zip Code 45510
  • CountySuffolk
  • NeighborhoodBack Bay
  • LocationDowntown, Historic, Public Transportation


  • Net Operating Inc142500
  • Space AvailableFor Sale
  • Site ConditionImproved
  • Square Feet5,300
  • SubletNo
  • Main LoAC2303


  • Special FinancingNo


  • Modification Date2019-06-02T03:06:00
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureYes
  • DisclosuresActually private deeded space is 4002 sf includes 50% ownership and leasable additional approx 1300 sf shared common space including 4 restrooms.
  • Listing AgreementExclusive Right to Sell, Facilitation/ER w/Var.Rate Comm.
  • Off Bldg Sf5300
  • ExchangeNo
  • Firm Rmk1Attached zoning and floor plans. Showings to very serious buyers as to not disrupt the current law office tenant mornings or early evenings only.
  • View Count204

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