4 Hamlet St Dorchester, MA 02125
Uphams Corner-Jones Hill NeighborhoodEstimated payment $24,773/month
Highlights
- 0.17 Acre Lot
- Corner Lot
- Living Room
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $33,272
Year Built
- Built in 1899
Lot Details
- 7,340 Sq Ft Lot
- Corner Lot
Home Design
- Brick Exterior Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 22,500 Sq Ft Home
- Property has 1 Level
- Living Room
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 41 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
Utilities
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 0703891000,3325478
Community Details
Overview
- 16 Units
Building Details
- Operating Expense $140,000
- Net Operating Income $291,470
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $2,503,900 | $604,000 | $1,899,900 |
| 2024 | -- | $2,458,400 | $604,000 | $1,854,400 |
| 2023 | $0 | $2,517,200 | $604,000 | $1,913,200 |
| 2022 | $0 | $2,297,800 | $604,000 | $1,693,800 |
| 2021 | $0 | $2,322,600 | $322,100 | $2,000,500 |
| 2020 | $0 | $2,286,700 | $322,100 | $1,964,600 |
| 2019 | $0 | $2,217,500 | $322,100 | $1,895,400 |
| 2018 | $0 | $2,125,000 | $308,100 | $1,816,900 |
| 2017 | $0 | $2,062,500 | $294,100 | $1,768,400 |
| 2016 | -- | $1,847,000 | $273,100 | $1,573,900 |
| 2015 | -- | $1,651,500 | $238,100 | $1,413,400 |
| 2014 | -- | $925,500 | $210,100 | $715,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/05/2025 12/05/25 | Pending | -- | -- | -- | |
| 10/28/2025 10/28/25 | For Sale | $4,199,000 | +57.0% | $187 / Sq Ft | |
| 10/08/2014 10/08/14 | Sold | $2,675,000 | -16.4% | $119 / Sq Ft | View Prior Sale |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- | |
| 04/01/2014 04/01/14 | For Sale | $3,200,000 | +70.7% | $142 / Sq Ft | |
| 09/13/2012 09/13/12 | Sold | $1,875,000 | 0.0% | $83 / Sq Ft | View Prior Sale |
| 08/14/2012 08/14/12 | Pending | -- | -- | -- | |
| 06/28/2012 06/28/12 | For Sale | $1,875,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,875,000 | -- | |
| Deed | $2,100,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,406,250 | Commercial | |
| Previous Owner | $1,680,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448671
APN: DORC-000000-000007-003891
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