Historic West Roxbury
1646 Centre Street Boston, MA 02132
For Sale
$1,099,000
Iconic Federal-style colonial near public transport and downtown Boston.
Property Size1,913 SF
Price / SF$574.49
Days on Market487
Property Features for 1646 Centre Street
General Information
Standard status
Active
Size
1,913 SF
Property subtype
Commercial
Building Details
Year Built
1939
Listing Agency:
Gilmore Murphy Realty LLC
(617) 323-7330
Listed By:
Condon-Droney Team
Source:
Corcoran
Added: Mar 29, 2025
Changed: Jul 10
Last Checked: Jul 28 at 8:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gilmore Murphy Realty LLC
Investment Insights
Based on property information with market context.
This historic Federal-style colonial, an iconic West Roxbury landmark, is situated just outside the vibrant business district. Conveniently located on the bus line and a 3-minute walk to the commuter rail, it is also a short drive to Faulkner Hospital and downtown Boston. The property, originally a single-family residence before 1991, has been used as a law firm. The property offers possibilities as a professional space or a home. With city approval, converting the property back to residential use or adapting it for another professional use is possible. The expansive 1st floor features an open area, a conference room, an office, two 1/2 baths, and a kitchenette. The 2nd floor includes 2 large offices and a full bath. The finished basement offers office space with room for expansion and storage, as well as a walk-up attic. An underground garage and storage area are included. On-property parking is available for 6+ vehicles with expansion potential. The property size is 1913 square feet.
Key Highlights
- Prime location: Conveniently situated on the bus line, a 3‑minute walk to the commuter rail, and a short drive to Faulkner Hospital and downtown Boston.
- Flexible Usage: Adaptable for residential or professional use with City approval.
- Ample Parking: On‑property parking for 6+ vehicles with expansion potential.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $96.4k | $50.40 |
| − Vacancy | −$21.2k | −$11.09 |
| EGI | $75.2k | $39.31 |
| − OpEx | −$18.8k | −$9.83 |
| NOI | $56.4k | $29.48 |
1,913 SF · lease $50.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$805.8K
$705.0K – $940.1K
NOI $56,403 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,272 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Iconic Federal-style colonial near public transport and downtown Boston.
Where is this office building located?
The property is located at 1646 Centre Street Boston, MA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Prime location: Conveniently situated on the bus line, a 3‑minute walk to the commuter rail, and a short drive to Faulkner Hospital and downtown Boston.; Flexible Usage: Adaptable for residential or professional use with City approval.; Ample Parking: On‑property parking for 6+ vehicles with expansion potential.
