Property Description
Acquired by Long Term Capital (LTC) in 2018, 633 Tremont Street in Boston, Massachusetts, is a noteworthy mixed-use property that seamlessly integrates commercial and residential elements. This acquisition reflects LTC's strategic approach to diversifying its real estate portfolio with properties that offer both functionality and growth potential.
Situated on the ground floor of this charming building is a retail space, presenting a prime opportunity for businesses to establish a foothold in a vibrant urban area. The retail location benefits from excellent street visibility and consistent foot traffic, making it an ideal spot for a variety of commercial endeavors, including boutique stores, specialty shops, or eateries. The space is thoughtfully designed to be flexible and accommodating, meeting the diverse needs of retail tenants.
Above the commercial space, 633 Tremont Street houses two residential apartment units. These apartments are a testament to urban living at its finest, offering residents a blend of convenience, comfort, and style. Each unit is crafted to provide a modern and inviting living space, appealing to individuals and small families who appreciate the energy and accessibility of city life.
The property's location in Boston is one of its greatest assets. Residents and commercial tenants alike enjoy close proximity to a wealth of amenities, including popular dining establishments, shopping centers, cultural attractions, and efficient public transport options. This accessibility and the lively neighborhood atmosphere enhance the appeal of 633 Tremont Street.
LTC's acquisition of 633 Tremont Street is a strategic move that showcases their expertise in identifying properties with potential for sustained value and appeal. The building's mix of retail and residential spaces not only diversifies LTC's portfolio but also caters to a broad market, ensuring its relevance and desirability in the bustling Boston real estate landscape.
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Property Details
Property Type
Size
Year Acquired
Mixed Use
3 Units
2018
Property Location
633 Tremont Street, Boston, MA, USA