374-374A Centre St, Boston, MA 02130
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
374-374A Centre St,Boston, MA 02130
$5,200,000
- 16 Beds
- 11 Baths
- 9,153 sq. ft.
- Multi-family
- Active
Listed by: mission realty advisors
Office: compass
MLS#:73574354
Source:MLSPIN
Price summary
- Price:$5,200,000
- Price per sq. ft.:$568.12
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:73574354
- Updated:November 08, 2026 at 12:29 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:11
- Full bathrooms:8
- Half bathrooms:3
- Rooms Total:29
- 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:9,153 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Forced Air
- Central air:Yes
Structure and exterior
- Roof:Rubber
- Year built:1900
- Building area:9,153 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Level, Steep Slope
- Construction Materials:Brick
- Exterior Features:Patio - Enclosed
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,200,000
- Price per sq. ft.:$568.12
- Tax amount:$29,225 (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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