HomeBoston5+ Family - 5+ Units Up/Down197 Green, Boston MA 02130
197 Green, Boston MA 02130 — photo 1 of 181 / 18
$11,175,000
197 Green, Boston MA 02130
24 units · 26 bd · 23 ba · 20,480 sqft · $465,625/unit
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INVESTMENT SNAPSHOT

Signal Score91 / 100
Est. Cap Rate5.5%
GRM11.8
Gross Scheduled Income$950,255/yr
Estimates from area median rents — directional, not an appraisal.

About this property

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.

Property details

Units24
Living area20,480 sqft
Lot size23,452 sqft
Year built2022
Price / sqft$546
CountySuffolk
MLS #73484635

Listing status

Days on market60 days
Listed onMarch 10, 2026

Taxes & financials

Annual property tax$72,671
Tax year2026
Assessed value$99,999,999
ZoningLI
Gross income (actual)$810,729/yr
Net operating income (actual)$690,378/yr
Total actual rent$9,999/mo

Building & lot

Stories4
Total rooms63
Lot size0.54 acres
Garage spaces0
Parking spaces6
ParkingPaved Drive
FoundationConcrete Perimeter
RoofRubber
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Boston

Listing courtesy of City Realty Group — Sean Rose. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 197 Green, Boston MA 02130 have?

It is a 24-unit multi-family property with 20,480 sqft of living area, built in 2022.

How long has 197 Green, Boston MA 02130 been on the market?

197 Green, Boston MA 02130 has been listed for 60 days (since March 10, 2026).

What is the estimated cap rate on this 24-family in Boston?

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.

What is the price per unit?

At a list price of $11,175,000 across 24 units, that works out to roughly $465,625 per unit.

What are the property taxes on 197 Green, Boston MA 02130?

Annual property taxes are $72,671 (2026), on an assessed value of $99,999,999.

What is the price per square foot?

At $11,175,000 for 20,480 sqft, that's about $546 per square foot.

Is there parking?

6 total parking spaces (paved drive).

Where is this property located?

197 Green, Boston MA 02130 is in Boston, Suffolk County, MA 02130.

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