A premier mixed-use investment opportunity in the heart of Jamaica Plain’s Hyde Square, 370 Centre Street offers 9,768 square feet of rentable area, strong in-place income, and compelling long-term upside in one of Boston’s most established rental markets. The fully renovated property consists of two street-level commercial spaces and four expansive 4-bedroom, 2-bath residential apartments. All residential units have been gut renovated to modern standards and are fully leased through September 1, 2027. Total gross monthly rental income is $31,300, supporting an attractive 6.5% cap rate and providing immediate cash flow with additional opportunity for future income growth. The location is a key driver of long-term demand. Positioned directly on Centre Street in vibrant Hyde Square, the property offers convenient access to the Longwood Medical Area and the numerous universities, hospitals, and institutions throughout the surrounding area. Multiple public transportation options connect the property to employment and education centers across Boston, including the Route 39 bus along Centre Street, the Orange Line at Jackson Square, and Green Line service near Longwood. Jamaica Pond, Whole Foods Market, the Arnold Arboretum, and Franklin Park are all nearby, while Centre Street’s restaurants, shops, and neighborhood amenities create an exceptionally walkable setting for residents and businesses alike. 370 Centre Street may be acquired independently or together with neighboring 374 Centre Street, a separate seven-unit mixed-use property. Combined, the properties comprise five commercial spaces and eight fully renovated residential apartments, creating a rare opportunity to acquire meaningful scale in a single location along one of Jamaica Plain’s most prominent commercial corridors. With strong existing income, renovated residential units, future upside, exceptional connectivity, and the flexibility to acquire individually or as a package, 370 Centre Street offers a compelling combination of cash flow, scale, and long-term value. Pro forma and additional information available upon request.
9,768 Sq Ft
4,700 Sq Ft Losgröße
investition
2.527 $ Monatliche Steuer
Integriert 1892
MLS/Listing-ID 73574148
5 Geschichten
6 Einheiten
Stone
Brick Mortar
Heating - Forced Air
Badezimmer mit Duschkabine
Wohnzimmer
Esszimmer
Anschluss für elektrischen Trockner
Waschmaschinenanschluss
Lot - Level
Parking - Paved
Parking - Shared Driveway
Parking - Off Street
Patio – Umzäunt
Gummi
Public Sewer
Public Water
Waschmaschine
Trockner
Community - Public Transportation
Community - Shopping
Community - Park
Community - Walk/Jog Trails
Community - Stable(s)
Community - Golf
Community - Medical Facility
Community - Laundromat
Community - Bike Path
Community - Conservation Area
Community - House of Worship
Community - Private School
Sortiment
Geschirrspüler
Entsorgung
Mikrowelle
Kühlschrank
Hartholz
Kachel
Naturholz
Umzäunt
Kühlung – Zentrale Klimaanlage
Construction - Brick
Community - University
Community - T-Station
Community - Public School
GESAMTKOSTEN PRO MONAT
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