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Mixed-Use Building with Artist Lofts
For Sale
$9,295,000

197 Green, Boston, MA 02130

Residential offerings span studios, one- and two-bedroom apartments, and artist live/work lofts.

Property SizeContact for details
Days on Market11

Property Features for 197 Green

General Information

Standard status Active
Total Parking Spaces 6
Zoning LI

Site & Location

Neighborhood Jamaica Plain
Public Transit Yes
Utilities to Site Yes
Mixed-Use Components retail, residential

Units

Unit Mix 5 x studio, 11 x 1-bedroom, 3 x 2-bedroom, 4 x artist live/work loft
Multifamily Units 23
Individually Metered Utilities all utilities

Additional Details

Gross Income $810,729
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $72,671

Amenities

modern cabinets & vanities
stone countertops
all new appliances & fixtures
in-unit washer/dryers
ample natural light
mail room
bike rack room
trash & recycling room
0.54
No

Building Details

Year Built 2022
Buildings 1
Tenancy Single
Listing Agency: City Realty Group
Listed By: Sean Rose · License #9567526
Source: Jrpierre
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 11:43AM

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 City Realty Group

Rey
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Investment Insights

Based on property information with market context.

Completed in 2022, this mixed-use building contains 23 apartments and one retail unit. The residential mix comprises five studios, eleven one-bedroom units, three two-bedroom units, and four artist live/work lofts. Interior features include modern cabinetry and vanities, stone countertops, new appliances and fixtures, in-unit washer/dryers, and natural light. Shared facilities include a mail room, bicycle storage, and dedicated trash and recycling space. Utilities are separately metered, and six parking spaces are on site. The property is zoned LI.

The retail space is leased to an interior designer through June 30, 2028. The building is steps from the MBTA Green Street station on the Orange Line.

Key Highlights

  • 23 apartments and 1 retail unit in a building completed in 2022
  • Apartment mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts
  • Retail space leased to an interior designer through 6/30/28

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

197 Green Street Apartment Building

Suggested Use

Top Pick Law Firm Skin Care Clinic HVAC Service Big Box & Wholesale Store Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units
Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,877
Businesses Nearby

Demographics for 02130, MA

38,284
Population
18,802
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
3.5 sq mi
ZIP Area
10,938
Density / Sq Mi
$130,533
Median Household Income
$73,238
Median Earnings
$2,434
Median Rent
$763,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential offerings span studios, one- and two-bedroom apartments, and artist live/work lofts.
Where is this mixed-use property located?
The property is located at 197 Green Boston, MA.
What is the asking price?
The asking price for this property is $9,295,000.
What are key features of this property?
This property features: 23 apartments and 1 retail unit in a building completed in 2022; Apartment mix: five studios, eleven 1‑bedroom units, three 2‑bedroom units, and four artist live/work lofts; Retail space leased to an interior designer through 6/30/28
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