370-372 Centre St, Boston, MA 02130
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
370-372 Centre St,Boston, MA 02130
$5,000,000
- 16 Beds
- 9 Baths
- 9,768 sq. ft.
- Multi-family
- Active
Listed by: mission realty advisors
Office: compass
MLS#:73574148
Source:MLSPIN
Price summary
- Price:$5,000,000
- Price per sq. ft.:$511.88
About this home
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....
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Home facts
- Year built:1892
- Listing ID #:73574148
- Updated:September 25, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:9
- Full bathrooms:8
- Half bathrooms:1
- Rooms Total:30
- Flooring:Hardwood, Tile, Wood
- Dining Description:Dining Room
- Bathrooms Description:Bathroom with Shower Stall
- Kitchen Description:Dishwasher, Disposal, Kitchen, Microwave, Range, Refrigerator
- Basement Description:Full
- Living area:9,768 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1892
- Building area:9,768 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Level
- Construction Materials:Brick
- Exterior Features:Patio - Enclosed
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$511.88
- Tax amount:$30,327 (2027)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Electric Dryer Hookup, Washer, Washer Hookup
Parking
- Parking description:Off Street, Paved Drive, Shared Driveway
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