A premier mixed-use investment opportunity at the corner of Centre Street and Sheridan Street in the heart of Jamaica Plain’s Hyde Square, 374 Centre Street offers 9,153 square feet of rentable area, strong income, and compelling long-term upside in one of Boston’s established rental markets. The fully renovated property consists of two street-level commercial spaces, one office, and four expansive 4-bedroom, 2-bath residential apartments. All residential units have been gut renovated and are fully leased through September 1, 2027, while all three commercial spaces are currently leased. Total gross monthly rental income is $33,000, supporting an attractive 6.6% cap rate and providing immediate cash flow with additional opportunity for future income growth. The prominent corner location offers excellent visibility and exposure for commercial tenants while placing residents in the heart of 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 destinations across Boston, including the Route 39 bus along Centre Street, the Orange Line at Jackson Square, and Green Line service near Heath St. 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. 374 Centre Street may be acquired independently or together with neighboring 370 Centre Street, a separately offered mixed-use property consisting of two commercial spaces and four fully renovated residential apartments. Combined, the properties comprise five commercial spaces and eight residential apartments, creating a rare opportunity to acquire significant scale in a single location along one of Jamaica Plain’s most prominent commercial corridors. With strong existing income, renovated residential units, a high-visibility corner location, future upside, and the flexibility to acquire individually or as a package, 374 Centre Street offers a compelling combination of cash flow, scale, and long-term value. Pro forma and additional information available upon request.
9,153 Sq Ft
5,943 Sq Ft Taille du lot
investissement
2 435 $US Impôt mensuel
Intégré 1900
MLS/Identifiant de l'annonce 73574354
6 Histoires
7 Unités
Salle à manger
Bois naturel
Clôturé
Climatisation - Climatisation centrale
Construction - Brick
Community - University
Community - T-Station
Community - Public School
Public Water
Public Sewer
Caoutchouc
Patio - Fermé
Parking - Off Street
Parking - Shared Driveway
Parking - Paved
Lot - Steep Slope
Lot - Level
Raccordement de la machine à laver
Raccordement d'un sèche-linge électrique
Salon
Salle de bain avec cabine de douche
Heating - Forced Air
Brick Mortar
Stone
Bois dur
Tile
Réfrigérateur
Micro-ondes
Élimination
Lave-vaisselle
Gamme
Community - Private School
Community - House of Worship
Community - Conservation Area
Community - Bike Path
Community - Laundromat
Community - Medical Facility
Community - Golf
Community - Stable(s)
Community - Walk/Jog Trails
Community - Park
Community - Shopping
Community - Public Transportation
Sèche-linge
Rondelle
COÛT MENSUEL TOTAL
0 $US
0 $US
0 $US
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.