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Active

19 Hiawatha Rd, Boston MA 02126

$1,375,000

Estimated $3,272/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $343,750

Total Rent: 126528/year

Estimated CAP Rate:

13 Bedrooms

Baths

5005

Total Parking: 0

6,489 (0.15)

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.

This home has been viewed 4 times

Last Checked: September 17th, 2026 at 4:53am (Source: MLS PIN #73574876)

Gross Income: $126,528

Gross Expenses: $12,508

Net Income Calc: $114,020

Water Views

Annual Expenses for 19 Hiawatha Rd, Boston MA 02126

Total Gross Expenses (Calculated)$12,508/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax12508

Annual Income & Unit Breakdown for 19 Hiawatha Rd, Boston MA 02126

Total Gross Income (Calculated)$126,528

Unit 1

Rental Income$0

LeaseN

Bedrooms4

Bathrooms2 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 19 Hiawatha Rd, Boston MA 02126

Listing ID73574876

Property TypeMulti Family / 4 Family

Price1375000 ($274.73/SqFt)

Style4 Family

CityBoston

CountySuffolk

Neighborhood(s)

Approximate Living Area Total5005

Approximate Lot Size (Acres)0.15

Total Parking0

Garage Parking0

Year Built1989

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 19 Hiawatha Rd, Boston MA 02126

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOwner

ExclusionsOutside Parking Not Deeded. First Come

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 19 Hiawatha Rd, Boston MA 02126

Real Estate Taxes12508

Tax Year2025

Assessed Value$1,080,100

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 19 Hiawatha Rd, Boston MA 02126

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 19 Hiawatha Rd, Boston MA 02126

Agent

Name: Saad Munir

Office

Name: ENRG Global Realty, LLC

Phone: 857-557-8949

Payment Calculator

, Interest

Property Taxes 1042.33

Principal & Interest 8472.31

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ENRG Global Realty, LLC

Saad Munir

Agent Phone

Office Phone

(857) 557-8949

Text Agent Call Agent Call Office

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    [unparsed] => 19 Hiawatha Rd, Boston MA 02126
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EXIT

23 More Photos

Active

19 Hiawatha Rd, Boston MA 02126

$1,375,000

Annual Expenses for 19 Hiawatha Rd, Boston MA 02126

Annual Income & Unit Breakdown for 19 Hiawatha Rd, Boston MA 02126

General Information for 19 Hiawatha Rd, Boston MA 02126

Disclosures for 19 Hiawatha Rd, Boston MA 02126

Financial Information for 19 Hiawatha Rd, Boston MA 02126

Location Information for 19 Hiawatha Rd, Boston MA 02126

Contact Information for 19 Hiawatha Rd, Boston MA 02126

Agent

Office

Payment Calculator

Exclusive Listing Agent

ENRG Global Realty, LLC

Saad Munir