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374-374A Centre St
Boston, MA, 02130
$5,200,000
16 Beds
9.5 Baths
9,153 SqFt
0.14 Acres
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MLS #73574354 image #0
Open House Sep 11, 2026
12:00 – 01:00
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.

Property Details

Price:
$5,200,000
MLS #:
73574354
Status:
Active
Beds:
16
Baths:
9.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Neighborhood:
jamaicaplain
Listed Date:
Sep 9, 2026
Finished Sq Ft:
9,153
Total Sq Ft:
9,153
Lot Size:
5,943 sqft / 0.14 acres (approx)
Year Built:
1900
Units:
7
Jamaica PlainJamaicaplain

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Schools

Interior

Above Grade Finished Area
9153
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
8 Full Bathrooms, 3 Half Bathrooms
Cooling
Central Air
Flooring
Wood, Tile, Hardwood
Heating
Central, Forced Air
Interior Features
Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Laundry Features
Electric Dryer Hookup, Washer Hookup
Levels
6

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, Steep Slope
Open Parking YN
1
Parking Features
Paved Drive, Shared Driveway, Off Street
Patio And Porch Features
Patio – Enclosed
Roof
Rubber
Stories
6

Financial

Net Operating Income
$345,174
Tax Year
2027
Taxes
$29,226

Map

Community

Market Summary

Current real estate data for Multi Family in Boston as of Sep 10, 2026
391
Multi Family Listed
137
Avg DOM
461
Avg $ / SqFt
$2,027,264
Avg List Price

Property Summary

    374-374A Centre St Boston MA is a Multi Family for sale in Boston, MA, 02130. It is listed for $5,200,000 To schedule a showing of MLS#73574354 at 374-374A Centre St in Boston, MA, contact your Cornerstone Real Estate agent at 617-238-7400.

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