477-479 River St, Boston MA 02126

Boston, MA 02126
$4,500,000
Est. $25,893/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6,364
Sq Ft
$707
Price/Sq Ft
0.10
Acres
1920
Year Built
40
Days on Market
For Sale Listed Jul 30, 2026 • MLS# 73557226 Copied! • Updated Aug 3, 2026

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About this home

Rare investment and redevelopment opportunity in a highly visible, transit-oriented location. Situated directly across from the Mattapan commuter rail station, this property benefits from exceptional accessibility, strong pedestrian activity, and convenient connections to Downtown Boston and surrounding neighborhoods. The property includes an impressive package of operating licenses, including a Full 2:00 AM Liquor License, Entertainment License, Restaurant License, and Function Hall License, offering immediate value for operators, investors, and hospitality groups seeking a turnkey opportunity.From a development perspective, the property presents significant potential for builders and developers looking to capitalize on continued investment throughout the Boston market. Its transit-accessible location and commercial positioning make it an attractive candidate for redevelopment, repositioning, mixed-use concepts, or value-add improvements, subject to zoning, permitting, and municipal approvals. Boston's zoning framework encourages thoughtful land use and development that supports transportation access, economic activity, and neighborhood growth.Land Use & Development Highlights: 1.Prominent commercial corridor location. 2.Transit-oriented site directly across from the train station 3.Potential redevelopment and density upside, subject to buyer due diligence and City of Boston approvals. 4.Opportunity to create additional value through expansion, modernization, or alternative commercial uses 5.Strong long-term potential to contribute to local job creation, business growth, and neighborhood economic development. Nearby Amenities & Attractions-Mattapan commuter rail/transit station directly across the street. 1.Close proximity to Mattapan Square retail, restaurants, banks, and neighborhood services. 2.Convenient access to major Boston roadways and surrounding neighborhoods including Dorchester, Hyde Park, Milton, and Roslindale. 3.Near parks, recreational areas, and the Neponset River corridor. 4.Located within a densely populated residential market that supports retail, restaurant, entertainment, and event-based businesses.This is a unique opportunity to acquire a licensed commercial asset with immediate operational potential and compelling future redevelopment possibilities in one of Boston's evolving transit-served corridors. Buyers are encouraged to verify all zoning, land-use, and development opportunities

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 30, 2026
$4,500,000
Original listing
Agent: Hamilton Rodrigues Office: Hartford Homes Realty of Boston

Tax History

Year Taxes Assessment
2025 $35,264

Financial Details

Annual Property Tax
$35,264
Tax Year 2025

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1920
Living Area 6,364 sq ft
Lot Size 0.10 acres
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 None
Patio/Porch None
Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer

Financial

Annual Tax $35,264
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Serious Inquires Only. Potential Buyers Must Provide Proof Of Funds Or Bank Approval Letter Prior To Viewing, Potential Buyers Must Sign A Non-disclosure Agreement.
Possession None
Accepted Financing None
Structure Type []
Documents None
County Suffolk

Property Overview

Listing Type
For Sale
Year Built
1920
Living Area
6,364 sq ft

Floor Layout

Interior Features

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Construction & Materials

Year Built: 1920
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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $2,939
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

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+0.5% Rate
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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

477-479 River St, Boston MA 02126

Boston, MA 02126

Listing Information

Listing Agent Hamilton Rodrigues
Listing Office Hartford Homes Realty of Boston
Office Phone 774-218-6642
Agent MLS ID BB800940
Office MLS ID AN8644
Listing Data Updated Aug 3, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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