197 Green St, Boston, MA
26 bd · 23 ba · 20,480 sqft Multi-Family listed at $11,500,000, built in 2022 in the Jamaica Plain neighborhood.
About this home
NEW MIXED-USE BUILDING FOR SALE IN JAMAICA PLAIN - Fully stabilized mixed-use building for sale built in 2022 featuring 23 residential apartments and 1 retail unit. High end finishes including modern cabinets & vanities, stone countertops, all new appliances & fixtures, in-unit washer/dryers, and ample natural light. The apartments include five studios, eleven 1-bedroom units, three 2-bedroom units, and four artist live/work lofts. The retail unit is leased to an interior designer until 6/30/28. Conveniently located steps to the Orange Line via the MBTA Green Street station. The property features six parking spots on the premises for additional income. The building also a mail room, bike rack room, and room for trash & recycling. All utilities are separately metered. Current gross income for the building is $810,729.48 annually with a lot of upside potential for rent growth. Floor plans & pro-forma are available upon request.
Property details
- Price
- $11,500,000
- Bedrooms
- 26
- Bathrooms
- 23
- Interior
- 20,480 sqft
- Price / sqft
- $562
- Year built
- 2022
- Lot size
- 23,522 sqft
- Type
- Multi-Family
- Days on market
- 47
- Est. property tax
- $138,000/yr · $11,500/mo · 1.2% MA avg
Estimated monthly payment
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Location
This home is located in Boston, MA. Browse more Boston listings on the Boston market page or explore the full Boston market report.
About Boston: Boston is the capital and most populous city of the U.S. state of Massachusetts. It serves as a cultural and financial center of New England, a region of the Northeastern United States. Boston has an area of 48.4 sq mi (125 km2) and a population of 675,647 as of the 2020 census, making it the third-most populous city in the Northeastern United States after New York City and Philadelphia. The larger Greater Boston metropolitan statistical area had a population of 4.9 million in 2023, making it the largest metropolitan area in New England and the eleventh-largest in the United States. (source: Wikipedia)
Climate: Average year-round temperature is 52°F with 203 dry days per year and 46.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 02130)
Median age is 35.0; 28% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $114,933.
- Median income
- $114,933
- Median age
- 35.0
- Owner-occupied
- 45.4%
- Bachelor's degree
- 27.6%
- Census median home value
- $729,600
Source: US Census Bureau American Community Survey 5-year estimates.
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