38-40 Catawba St, Boston, MA 02119
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$850,000
2 Unit
6 Beds
2 Baths
2214 SQFT
0.06 Acre

Property Description

38-40 Catawba Street presents a turnkey, fully occupied multifamily investment opportunity in Roxbury with immediate cash flow and future flexibility. All leases transition to tenant-at-will in September, offering the next owner additional operational options. The well-maintained units feature updated interiors and functional layouts that have been thoughtfully refreshed over time, helping minimize near-term capital needs. Residents also enjoy a large shared backyard, providing valuable outdoor space rarely found in the area. Conveniently located near public transportation, major commuter routes, shopping, dining, parks, universities, and downtown Boston, this is an excellent opportunity to acquire a stabilized asset in a strong rental market.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Expenses Source: Tax Return
  • Gross Operating Income: 58950
  • Gross Expenses: 16119
  • Water/Sewer: 1200
  • INSC: 4150
  • Repairs & Maintenance: 3218
  • Net Operating Income: 42831

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Flooring Type: Tile, Wood
  • Lead Paint: Yes
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73546670
  • Last Updated: 07/09/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/08/2026New$850,000$384MLSPIN

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Seller's Representative: Masterman Elek Group, Compass
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 2026-07-09 03:30:00

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