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Investment Highlights

  • Walking distance to MBTA Orange Line
  • Condo finishes & separately metered utilities
  • Lots of natural light

Executive Summary

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. 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.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $953,550 $46.56

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $953,550
Annual Per SF $46.56

Property Facts

Price $15,883,799 CAD
Price Per Unit $661,825 CAD
Sale Type Investment
Cap Rate 6%
No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.54 AC
Building Size 20,480 SF
Average Occupancy 100%
No. Stories 4
Year Built 2023
Parking Ratio 0.29/1,000 SF
Zoning RC

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Views
  • Freezer

Site Amenities

  • 24 Hour Access
  • Recycling
  • Multi Use Room
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 9 - 435
1+1 11 - 625 - 755
2+1 3 - 865 - 885
Exceptionally walkable
90/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • JAMA-000000-000011-002580
  • JAMA-000000-000011-002579
Land Assessment
$1,554,814 CAD
Improvements Assessment
$9,665,549 CAD
Total Assessment
$11,220,363 CAD
  • Listing ID: 39808378

  • Date on Market: 2026-03-17

  • Last Updated:

  • Address: 197 Green St, Jamaica Plain, MA 02130

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