197 Green, Jamaica Plain $9,800,000
Sale Type: For Sale Ft2: 20,480 Lot Size: 23,452 Ref #: 73484635
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Category: Multi Family Home
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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.
Details
- Ft2
- 20,480
- Lot Size
- 23,452
- Tax
- $72,671
Listing provided courtesy of Sean Rose, City Realty Group