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.
| Units | 24 |
| Living area | 20,480 sqft |
| Lot size | 23,452 sqft |
| Year built | 2022 |
| Price / sqft | $546 |
| County | Suffolk |
| MLS # | 73484635 |
| Days on market | 60 days |
| Listed on | March 10, 2026 |
| Annual property tax | $72,671 |
| Tax year | 2026 |
| Assessed value | $99,999,999 |
| Zoning | LI |
| Gross income (actual) | $810,729/yr |
| Net operating income (actual) | $690,378/yr |
| Total actual rent | $9,999/mo |
| Stories | 4 |
| Total rooms | 63 |
| Lot size | 0.54 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Paved Drive |
| Foundation | Concrete Perimeter |
| Roof | Rubber |
| Construction | Frame |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of City Realty Group — Sean Rose. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 24-unit multi-family property with 20,480 sqft of living area, built in 2022.
197 Green, Boston MA 02130 has been listed for 60 days (since March 10, 2026).
Based on area median rents, the estimated cap rate is about 5.5%, with a Signal Score of 91/100. These are directional estimates, not an appraisal.
At a list price of $11,175,000 across 24 units, that works out to roughly $465,625 per unit.
Annual property taxes are $72,671 (2026), on an assessed value of $99,999,999.
At $11,175,000 for 20,480 sqft, that's about $546 per square foot.
6 total parking spaces (paved drive).
197 Green, Boston MA 02130 is in Boston, Suffolk County, MA 02130.