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370-372 Centre St
Boston, MA, 02130
$5,000,000
16 Beds
8.5 Baths
9,768 SqFt
0.11 Acres
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MLS #73574148 image #0
Open House Sep 11, 2026
12:00 – 01:00
A premier mixed-use investment opportunity in the heart of Jamaica Plain’s Hyde Square, 370 Centre Street offers 9,768 square feet of rentable area, strong in-place income, and compelling long-term upside in one of Boston’s most established rental markets. The fully renovated property consists of two street-level commercial spaces and four expansive 4-bedroom, 2-bath residential apartments. All residential units have been gut renovated to modern standards and are fully leased through September 1, 2027. Total gross monthly rental income is $31,300, supporting an attractive 6.5% cap rate and providing immediate cash flow with additional opportunity for future income growth. The location is a key driver of long-term demand. Positioned directly on Centre Street in vibrant 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 employment and education centers across Boston, including the Route 39 bus along Centre Street, the Orange Line at Jackson Square, and Green Line service near Longwood. 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. 370 Centre Street may be acquired independently or together with neighboring 374 Centre Street, a separate seven-unit mixed-use property. Combined, the properties comprise five commercial spaces and eight fully renovated residential apartments, creating a rare opportunity to acquire meaningful scale in a single location along one of Jamaica Plain’s most prominent commercial corridors. With strong existing income, renovated residential units, future upside, exceptional connectivity, and the flexibility to acquire individually or as a package, 370 Centre Street offers a compelling combination of cash flow, scale, and long-term value. Pro forma and additional information available upon request.

Property Details

Price:
$5,000,000
MLS #:
73574148
Status:
Active
Beds:
16
Baths:
8.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Neighborhood:
jamaicaplain
Listed Date:
Sep 9, 2026
Finished Sq Ft:
9,768
Total Sq Ft:
9,768
Lot Size:
4,700 sqft / 0.11 acres (approx)
Year Built:
1892
Units:
6
Jamaica PlainJamaicaplain

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Schools

Interior

Above Grade Finished Area
9768
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
8 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Wood, Tile, Hardwood
Heating
Central, Forced Air
Interior Features
Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
5

Exterior

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
Construction Materials
Brick
Fencing
Fenced/Enclosed
Lot Features
Level
Open Parking YN
1
Parking Features
Paved Drive, Shared Driveway, Off Street
Patio And Porch Features
Patio – Enclosed
Roof
Rubber
Stories
5

Financial

Net Operating Income
$318,000
Tax Year
2027
Taxes
$30,327

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Sep 10, 2026
392
Multi Family Listed
135
Avg DOM
461
Avg $ / SqFt
$2,032,159
Avg List Price

Property Summary

    370-372 Centre St Boston MA is a Multi Family for sale in Boston, MA, 02130. It is listed for $5,000,000 To schedule a showing of MLS#73574148 at 370-372 Centre St in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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