12 Hiawatha, Boston MA 02126

Boston, MA 02126
$1,950,000
Est. $11,049/month
16
Beds
6
Baths
4,989
Sq Ft
$391
Price/Sq Ft
0.13
Acres
1905
Year Built
9 hours 1 minute
Time on Market
Active Open House Listed Aug 3, 2026 • MLS# 73558560 Copied! • Updated Aug 3, 2026

Open House Schedule

08
Aug
Saturday, August 8
1:30 PM - 3:00 PM EDT
09
Aug
Sunday, August 9
1:30 PM - 3:00 PM EDT

About this home

Legal 3-Family with additional rental Income and value add potential.A great opportunity to own a legal 3-family in Mattapan with additional finished space and multiple ways to add value. The property offers three legal units, along with a finished attic currently rented for $2,350/month and a finished basement featuring 3 bedrooms and 2 full bathrooms. The existing rental income provides a solid starting point, while the additional finished space gives the next owner flexibility and upside. There is an opportunity to improve the property's overall income and value through strategic updates, while maintaining the existing 3-family configuration. With a combination of rental income, substantial finished space, and room for future improvements, this property is well suited for anyone looking to increase cash flow or an owner-occupant looking to offset their housing costs with rental income. Located in Mattapan with convenient access to public transportation, shopping, restaurants, and major routes into Boston. A property with plenty of space, existing income, and a clear value-add opportunity.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 3, 2026
$1,950,000
Original listing
Office: Home America Realty & Investments

Tax History

Year Taxes Assessment
2025 $11,864 $1,024,500

Financial Details

Annual Property Tax
$11,864
Tax Year 2025
Assessed Value
$1,024,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1905
Living Area 4,989 sq ft
Lot Size 0.13 acres
Bedrooms 16
Full Baths 6
Total Rooms 22

Investment Metrics

Units 3
Unit 1 Rent — · N
Unit 2 Rent — · N
Unit 3 Rent $3,550/mo · Y
Unit 4 Rent $2,350/mo · N
Total Monthly Rent $5,900/mo
Gross Income $42,600
Net Operating Income $42,600
Cap Rate 2.18%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch, Enclosed
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,864
Assessed Value $1,024,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 78 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1905
Bedrooms
16
Full Bathrooms
6
Living Area
4,989 sq ft
Total Rooms
22
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $989
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

12 Hiawatha, Boston MA 02126

Boston, MA 02126

Listing Information

Listing Agent Matthias McGuffie
Listing Office Home America Realty & Investments
Office Phone 617-322-6183
Agent MLS ID CN235980
Office MLS ID NB2388
Listing Data Updated Aug 3, 2026 6:24 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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