Fronting Columbia Road and on the corner of Hamlet Street this 16-unit mixed use property in Dorchester’s energetic Upham’s Corner combines in-place income with a clear, low-friction path to lift NOI. The property features 14 residential units (thirteen 3-bed/1-bath and one 2-bed/1-bath) plus two stable commercial spaces.11 of the 14 residential apartments were fully upgraded between 2015–2019, including new electrical service (100 AMP), full rewiring, modern kitchens and baths, new windows, and in-unit laundry. The remaining value-add units give the next owner a straightforward scope to finish the program, standardize finishes, tighten turns and drive durable cash flow. Offering exceptional transit access, residents benefit from quick citywide connection via bus, commuter rail, and Red Line services, along with convenient access to major highways.This opportunity provides operator scale in a supply-constrained renter corridor with tangible upside and long-term value creation.
This home has been viewed 16 times
Last Checked: December 6th, 2025 at 8:03am (Source: MLS PIN #73448671)
Gross Income: $97,500
Gross Expenses: $33,272
Net Income Calc: $64,228
CAP Rate: 1.53%
Annual Expenses for 4 Hamlet St, Boston MA 02125
Total Gross Expenses (Calculated)$33,272/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$33,272.40
Annual Income & Unit Breakdown for 4 Hamlet St, Boston MA 02125
Total Gross Income (Calculated)$97,500
Unit 1
Rental Income$2,700
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$2,725
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$2,700
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 4 Hamlet St, Boston MA 02125
Listing ID73448671
Property TypeMulti Family / 5+ Family
Price$4,199,000 ($186.62/SqFt)
Style5-9 Family
CityBoston
CountySuffolk
MLS AreaDorchester's Uphams Corner
Neighborhood(s)
Approximate Living Area Total22,500 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking6
Garage Parking
Year Built1899
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsBrick
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningResi/Comm
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 4 Hamlet St, Boston MA 02125
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureSourced via assessor's website
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$140,000
Total Gross Income By Broker$437,622
Total Net Income By Broker$291,470
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 4 Hamlet St, Boston MA 02125
Real Estate Taxes$33,272.40
Tax Year2026
Assessed Value$2,503,900
Financial Data Source
Total Gross Expenses By Broker$140,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$437,622
BostonRealEstate.com Gross Income
Total Net Income By Broker$291,470
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.53%
Location Information for 4 Hamlet St, Boston MA 02125
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaDorchester's Uphams Corner
Area Amenities
Contact Information for 4 Hamlet St, Boston MA 02125