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32630267
32630243

197 Green Street, Boston, MA 02130

SR
MA CN247068
Rose - Intelligence
Listed by Rose - Intelligence
$11,175,000
22 days on market
Updated 22 days ago
Opportunity zone

JAMAICA PLAIN - 197 GREEN ST

Details
APN 1102579000
Property Type Multifamily, Industrial
Sub Type Apartment Building
Square Footage 19,670
Units 24
Cap Rate 6.19%
NOI $691,562
Occupancy 100%
Tenancy Multi
Class A
Year Built 2022
Stories 2
Lot Size (SqFt) 6,445
Zoning MFR
Investment Type Stabilized
Ground Lease No

100% Leased Mixed-Use Asset For Sale

Marketing description

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.

Investment highlights

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.

Listing Contacts

SR
MA CN247068
Rose - Intelligence
Listed by Rose - Intelligence

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$691,562.00
$57,630.17/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

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Additional Information

Name
Sean Rose
License
CN247068
Brokerage
City Realty Group
Brokerage Phone
6179978351
Title
Senior Associate
Brokerage Address
500 Lincoln Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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