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For Sale

374-374A Centre St, Boston MA 02130

Boston, MA 02130

$4.9M
16 BD · 11 BA · 9,153 sf · 0.14 ac · Built 1900
The residence

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 6.8% 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.

At a glance
Property type
5+ Family - 5+ Units Side by Side
Status
Active
Year built
1900
Lot size
0.14 acres
Living area
9,153 sf
MLS#
f019d3ea1949fae3a5b7b751b3ac98f9
Beds · Baths
16 · 11
Location

Boston, MA.

Boston keeps its history in plain sight — brick, granite and gaslight along streets laid down long before the grid. Life here runs on short distances: the harbour, the Common, the theatre district and the river all within a walk of one another.

Estimated Monthly Payment+
$24K/mo
Approximate · principal & interest only
Display Currency
$4.9M

Indicative conversion — settlement always in USD.

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Listings updated Nov 14, 2026

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