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.
For sale
$5,200,000
374-374-374A Centre St, Jamaica Plain, MA 02130
16beds
9,153sqft
5+ Family - 5+ Units Side by Side
Built in 1900
-- sqft lot
$-- Zestimate®
$568/sqft
$-- HOA
What's special
High-visibility corner locationRenovated residential unitsCorner locationFully renovated property
- 1 day
- 30
- 0
Zillow last checked:
Listing updated:
Listed by:
Mission Realty Advisors 617-942-1609,
Compass 617-752-6845
Source: MLS PIN,MLS#: 73574354
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 11
- Full bathrooms: 8
- 1/2 bathrooms: 3
Heating
- Central, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
- Flooring: Wood, Tile, Hardwood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 9,153
- Total interior livable area: 9,153 sqft
- Finished area above ground: 9,153
Property
Parking
- Parking features: Paved Drive, Shared Driveway, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio - Enclosed
- Fencing: Fenced/Enclosed
Lot
- Size: 5,943 Square Feet
- Features: Level, Steep Slope
Details
- Parcel number: 1900116002
- Zoning: LC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Side by Side
Materials
- Brick
- Foundation: Stone, Brick/Mortar
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
Location
- Region: Jamaica Plain
Financial & listing details
- Price per square foot: $568/sqft
- Tax assessed value: $1,578,500
- Annual tax amount: $29,225
- Date on market: 9/9/2026
- Total actual rent: 32767
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $5,200,000$568/sqft |
Source: MLS PIN #73574354 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment







