1 / 10Active
$1,599,000
12 bd · 6 ba · 6,396 sqft · Multi-Family
140 Callender St
Dorchester, Boston, MA 02124
Listing courtesy of Kevin Benzinger, Boston Realty Advisors · MLS PIN #73548748
1 / 26
ActiveListed 40 days ago
$1,375,000
19 Hiawatha Rd, Boston, MA 02126
- 13
- beds
- 7
- baths
- 5,005
- sqft
- Lot sizeThe land that comes with the home, as reported to the MLS.
- 6,489 sqft
- Year builtThe year the building was originally built, as reported by the listing agent.
- 1989
- On the marketDays since the home was listed. New listings tend to move fastest.
- 40 days ago
- Property type
- 4 Family
- Price per sqftList price divided by interior living area — handy for comparing homes of different sizes.
- $275
- ParkingSpaces that come with the home, as reported to the MLS.
- 0 spaces
- Annual taxesLast annual property tax bill reported to the MLS. A new owner's bill can differ.
- $12,508
What’s Special
ATTENTION INVESTORS & OWNER-OCCUPANTS: Welcome to 19 Hiawatha Rd, a fully occupied 4-family cash-flow generator located in Mattapan. Whether you are looking to scale your existing real estate portfolio or house-hack your way into property ownership, this property offers immediate rental income paired with value-add upside. The majority of in-place rent is paid directly through Section 8 programs, providing a stable, predictable income stream. Built in 1989; property is exempt from Massachusetts Lead Law requirements applicable to pre-1978 housing. MAJOR SYSTEMS & PROPERTY FEATURES: The property boasts a solid foundation. CertainTeed Landmark architectural shingle roof with synthetic underlayment and ice-and-water barrier, individual heating systems, and gas-fired hot water. Unit 4 is served by a Navien gas combination boiler. The finished basement and large detached storage shed with electric hookup for lighting provide additional usable and storage space, subject to buyer due diligence. The property also includes a 20-camera hard-wired WIFI surveillance system. VALUE-ADD POTENTIAL: Currently fully tenanted, the property generates cash flow from day one. Current rents are comfortably below market (market rent per HUD is $13,351), providing meaningful opportunity to grow Net Operating Income (NOI) over time. Unit 3 was recently renovated and Unit 2 has been well maintained, while select remaining units and common areas offer cosmetic upside. Potential improvements include kitchens, baths, paint, flooring, landscaping and common areas as units turn over. On-Site Laundry Revenue: Leverage dedicated common space for coin-operated or mobile-pay laundry. Storage & Shed Monetization: The expansive finished basement and large exterior shed may offer additional storage or rental-income opportunities, subject to buyer due diligence. POTENTIAL FINANCING ADVANTAGE – ASSUMABLE FHA LOAN: For qualified owner-occupant buyers, the existing 2.25% FHA financing may be assumable, subject to lender approval. Given the below-market financing benefit, seller expects offers utilizing the assumption to reflect a premium relative to conventional financing offers. Buyers may also submit offers without the loan assumption. LOCATION & CONVENIENCE: Situated on a quiet residential street, tenants benefit from convenient access to public transportation options (including MBTA bus lines and the Mattapan High-Speed Line), local parks, shopping, and smooth commutes into Downtown Boston.
Listing courtesy of Saad Munir, ENRG Global Realty, LLC · MLS PIN #73574876
Facts & Features
- Status
- Active
- Active status flag
- Active
- Bedrooms
- 13
- Bathrooms
- 7 full
- Living area
- 5,005 sqft
Laundry
2- Electric Dryer Hookup
- Washer Hookup
MLS PIN #73574876 · Listed September 9, 2026
Location
19 Hiawatha Rd, Boston · All Boston homes
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
$1,375,000
19 Hiawatha Rd
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
