Log In/Sign Up
Your email has been sent.
197 Green St 24 Unit Apartment Building $15,594,487 CAD ($649,770 CAD/Unit) 6.30% Cap Rate Jamaica Plain, MA 02130
Investment Highlights
- Walking distance to MBTA Orange Line
- Condo finishes & separately metered utilities
- 100% Stabilized
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.
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 |
$1,153,655
|
$56.33
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,153,655
|
$56.33
|
| Taxes |
$103,259
|
$5.04
|
| Operating Expenses |
$67,749
|
$3.31
|
| Total Expenses |
$171,008
|
$8.35
|
| Net Operating Income |
$982,647
|
$47.98
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,153,655 |
| Annual Per SF | $56.33 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,153,655 |
| Annual Per SF | $56.33 |
| Taxes (CAD) | |
|---|---|
| Annual | $103,259 |
| Annual Per SF | $5.04 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $67,749 |
| Annual Per SF | $3.31 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $171,008 |
| Annual Per SF | $8.35 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $982,647 |
| Annual Per SF | $47.98 |
Property Facts
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
| Parcel Numbers | Total Assessment | $11,559,709 CAD | |
| Land Assessment | $1,601,838 CAD | Annual Taxes | $103,259 CAD ($5.04 CAD/SF) |
| Improvements Assessment | $9,957,871 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$1,601,838 CAD
Improvements Assessment
$9,957,871 CAD
Total Assessment
$11,559,709 CAD
Annual Taxes
$103,259 CAD ($5.04 CAD/SF)
Tax Year
2025
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
197 Green St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.