Active
Open House
Listed Jul 8, 2026 •
MLS# 73546670
Copied!
• Updated Jul 12, 2026
Open House Schedule
18
Jul
Saturday, July 18
11:00 AM - 12:00 PM EDT
About this home
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.
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Public Records & Permits
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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Property Timeline
🏠
Listed for Sale
Jul 8, 2026
$850,000
Original listing
Agent: Masterman Elek GroupOffice: Compass
Date
Event
Price
Change
$/sqft
Details
07/08/2026
🏠
Listed for Sale
$850,000
-
-
Original listing
Tax History
Year
Taxes
Assessment
2025
$7,973
$637,600
Financial Details
Annual Property Tax
$7,973
Tax Year 2025
Assessed Value
$637,600
Facts & Features
Home Facts
TypeResidential Income
Style2 Family - 2 Units Up/Down
Year Built1900
Living Area2,214 sq ft
Lot Size0.06 acres
Bedrooms6
Full Baths2
Total Rooms11
Investment Metrics
Units2
Unit 1 Rent$2,625/mo · Y
Unit 2 Rent$2,325/mo · Y
Total Monthly Rent$4,950/mo
Gross Income$58,950
Net Operating Income$42,831
Operating Expenses$16,119
Water/Sewer Expense$1,200
Insurance Expense$4,150
Cap Rate5.04%
Interior
HeatingNone
CoolingNone
FlooringWood, Tile
AppliancesNone
FireplaceNone
BasementNone
LaundryNone
FeaturesLiving Room, Kitchen, Dining Room
Exterior
ConstructionNone
ArchitectureNone
RoofNone
FeaturesNone
PoolNone
SpaNone
FencingFenced/enclosed, Fenced
Patio/PorchDeck - Wood
Parking
FeaturesNone
Utilities
ElectricNone
WaterPublic
SewerPublic Sewer
GasNone
OtherNone
Financial
Annual Tax$7,973
Assessed Value$637,600
HOA & Community
Fee IncludesNone
AmenitiesNone
Optional Fee IncludesNone
Down Payment ResourceEligible
MA Disclosures
Seller DisclosuresSome Images Have Been Decluttered And/or Virtually Staged. Hazards Found In A 1990 Comprehensive Initial Inspection For Lead Paint. There Is No Known Public Record Of Remediation Thereafter.
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.