4 Hamlet St, Boston, MA 02125
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$4,199,000
16 Unit
41 Beds
18 Baths
22500 SQFT
0.17 Acre

Property Description

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.

Property Details tap to expand

Building Information

  • Total Units: 16
  • Total Floors: 4
  • Total Bedrooms: 41
  • Total Full Baths: 14
  • Total Half Baths: 4
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Financial

  • APOD Available: Yes
  • Gross Operating Income: 437622
  • Gross Expenses: 140000
  • Net Operating Income: 291470

Utilities

  • Electric Info: 100 Amps, Individually Metered, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1899
  • Type: 5-9 Family
  • Construction Type: Brick
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Lead Paint: Certified Treated, Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73448671
  • Last Updated: 11/01/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/01/2025Active$4,199,000$187MLSPIN
10/28/2025New$4,199,000$187MLSPIN

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Seller's Representative: Jeffrey Hamilton, Columbus and Over Group, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-11-01 03:08:00