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10 Days on Jacob Realty
22
$1,950,000
Total Beds: 16 Total Baths: 6
Total Units: 3 SQFT: 4989
LOT size: 0.13 Acres
12 Hiawatha
Boston, MA 02126
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Property Description

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.

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 16
  • Total Full Baths: 6
  • Amenities: Park, Public Transportation, Shopping

Financial

  • APOD Available: No
  • Gross Operating Income: 42600
  • Net Operating Income: 42600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 4
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73558560
  • Last Updated: 08/07/26

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Map

Seller's Representative: Matthias McGuffie, Home America Realty & Investments
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-08-07 09:48:00

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