Rare offering of a 6-family investment property with enormous value-add upside. Unlock the potential of this solid building with a spacious backyard, perfect for the savvy investor looking to build equity fast. This 7,000+ square foot property offers a remarkable opportunity to either make minor improvements, or to renovate entirely, significantly increasing cash flow with both actions. All of the 6 spacious units offer efficient layouts with separately metered utilities for ease of management. Located close to public transit, commuter routes, shops and amenities, this property has been in the same family for decades with a history of long term tenants and is ready for a new owner to reap long term rewards. Showings start at open house on Friday 6/25 11:30-1:30.
— MLSPIN #: 73408681Map of 18 Hosmer, Boston, MA 02126
Start Time: | End Time: | Comments: |
---|---|---|
07-29-2025 12:00 PM | 07-29-2025 12:30 PM | This is group showing, please arrive at 12 for a walk through of units |
List Price: | $1,500,000 |
---|---|
Status: | Active |
MLS ID: | 73408681 |
Town: | Boston |
Neighborhood: | Mattapan |
County: | Suffolk |
Zip: | 02126 |
Property Type: | Residential Income |
Property Sub Type: | 5-9 Family |
Bedrooms: | 16 |
Full Baths: | 6 |
Living Area: | 7,095 sqft |
Acres: | 0.13 |
Taxes: | 9,460 |
Lot Features: | Other |
Status: | Active |
Water Source: | Public |
Year Built: | 1910 |
Roof: | Rubber |
Directions: | Blue Hill Ave to Hosmer St |
Foundation Details: | Stone |
Electric: | Individually Metered |
Listing Contract Date: | 2025-07-23 |
Lot Size Area: | 0.13 |
Lot Size Square Feet: | 5,663 |
Rooms Total: | 35 |
Bathrooms Total Integer: | 6 |
Building Area Source: | Public Records |
Building Area Total: | 7,095 |
Levels: | 5 |
Living Area Units: | Square Feet |
Lot Size Units: | Acres |
Number Of Units Total: | 6 |
Parcel Number: | 1362753 |
Sewer: | Public Sewer |
Zoning: | R4 |
Stories Total: | 5 |
Year Built Source: | Public Records |
Disclosures: | Unit 1 lease ends 8/1/25. Unit 2, 3 and 6 are self extending. Unit 4 lease ends 1/14/26. Unit 5 is vacant. Unit 6 is $1, 664/month. All units have lead docs. Below market rents, BHA payment standard for 02126 is $2, 827 for 2 bedrooms and $3, 418 for 3 bedrooms. Coin-op laundry in basement. |
Electric Expense: | $850 |
Farm Land Area Units: | Square Feet |
Financial Data Source: | Owner |
Gross Income: | $78,348 |
Gross Scheduled Income: | $1,300 |
Listing Agreement: | Exclusive Right To Sell |
Apod Available: | Yes |
Color: | Grey |
Disclosure: | No |
Dpr Flag: | No |
Flrs 1: | 1 |
Flrs 2: | 1 |
Flrs 3: | 2 |
Flrs 4: | 2 |
Gre: | 6,150 |
Heat Units: | 7 |
Lead Paint: | None, Certified Treated |
Lease 1: | No |
Lease 2: | Yes |
Lease 3: | Yes |
Lease 4: | Yes |
Levels 1: | 1 |
Levels 2: | 1 |
Levels 3: | 1 |
Levels 4: | 1 |
Listing Alert: | No |
List Price Per Sqft: | $211.42 |
Page: | 247 |
Price Per Sqft: | $211.42 |
Square Feet Disclosures: | In units 3-6, one of the bedrooms does not have a closet |
Square Feet Incl Base: | No |
Net Operating Income: | $72,198 |
Operating Expense: | $6,150 |
Original List Price: | $1,500,000 |
Tax Assessed Value: | $816,900 |
Tax Year: | 2025 |
Total Actual Rent: | $6,529 |
Water Sewer Expense: | $4,000 |
Year Built Details: | Actual |
Waterview Flag: | No |
Bedrms 1: | 2 |
Bedrms 2: | 2 |
Bedrms 3: | 3 |
Bedrms 4: | 3 |
F Bths 1: | 1 |
F Bths 2: | 1 |
F Bths 3: | 1 |
F Bths 4: | 1 |
Hot Water: | Natural Gas |
Rent2: | 1,500 |
Rent3: | 1,365 |
Rent4: | 2,000 |
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MLS Property Information Network, Inc. data last updated on July 29, 2025 11:51 AM
Property Last Updated: July 27, 2025 03:09 AM
Listing Courtesy of: eXp Realty
Listing Agent: The Mutlu Group
888-854-7493