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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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Contact

  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

Brokerage

William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 197 Green, Boston, MA 02130
Active
163 Days on market
197 Green Boston — Photo 1 of 20

197 Green Boston — Photo 1 of 20

Recent Drop: $1,700,000

$11,500,000
$9,800,000

$9,800,000

197 Green, Boston, MA 02130

Boston, MA 02130 — Jamaica Plain

Beds

26

Baths

23

SqFt

20,480

Style

5+ Family - 5+ Units Up/Down

Built

2022

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$479/sqft
Local Avg (Boston)$524/sqft
9% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$11,500,000
Annual Taxes$72,671

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms63
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter
ZoningLI

Property & Lot

Acres0.54
SqFt Lot23,452
Lot Features--

Neighborhood

Public Transportation • Park • Bike Path • Public School • T-Station

Geography

Property History

Price Drop
$9,800,000

Was $9,900,000

Aug 17, 2026

MLS® 73484635

Price Drop
$9,900,000

Was $10,350,000

Aug 10, 2026

MLS® 73484635

Price Drop
$10,350,000

Was $10,875,000

Jul 22, 2026

MLS® 73484635

Price Drop
$10,875,000

Was $10,975,000

Jul 13, 2026

MLS® 73484635

Price Drop
$10,975,000

Was $11,175,000

Jun 9, 2026

MLS® 73484635

Price Drop
$11,175,000

Was $11,500,000

May 5, 2026

MLS® 73484635

Listed
$11,500,000

Mar 10, 2026

MLS® 73484635

Listed
$9,800,000

Mar 10, 2026

MLS® 73484626

Population

40,055

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$132K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

55.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Boston, MA market report ZIP 02130 market data
Listing Provided By

Listing Agent: Sean Rose

Listing Office: City Realty Group

MLS® Number: 73484635

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