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    4 Hamlet St Boston, MA 02125

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    For Sale
    $4,199,000

    16-unit mixed-use property with value-add potential in Dorchester.

    Lot size:
    0.17 Acres

    Property Features for 4 Hamlet St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1899

    Source: Columbus and Over Group, LLC Agent Kaitlyn Garger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upham's Corner Mixed-Use Investment

    Located at the corner of Hamlet Street and fronting Columbia Road in Dorchester's Upham's Corner, this 16-unit mixed-use property offers a combination of in-place income and potential to increase net operating income. The property includes 14 residential units, consisting of thirteen 3-bed/1-bath units and one 2-bed/1-bath unit, along with two commercial spaces. Between 2015 and 2019, 11 of the 14 residential apartments were fully upgraded, including new electrical service (100 AMP), full rewiring, modern kitchens and baths, new windows, and in-unit laundry. The remaining units offer an opportunity to standardize finishes and increase cash flow. Residents have access to transportation via bus, commuter rail, and Red Line services, as well as convenient access to major highways. This property presents an opportunity for long-term value creation in a supply-constrained renter corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.06432
    Latitude
    42.31807

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    FAQs

    What type of property is this?
    Apartment building - 16-unit mixed-use property with value-add potential in Dorchester.
    Where is this apartment building located?
    The property is located at 4 Hamlet St Boston, MA.
    What is the asking price?
    The asking price for this property is $4,199,000.
    What are key features of this property?
    This property features: - 16-unit mixed-use property in Dorchester's Uphams Corner.; - 14 residential units (thirteen 3-bed/1-bath, one 2-bed/1-bath) plus two commercial spaces.; - **11 of 14 residential units fully upgraded** (2015-2019) with new electrical, kitchens, baths, windows, and in-unit laundry.
    (518) 956-1821
    Request Owner's contact information
    4 Hamlet St Boston, MA 02125
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    Boston, MA 02125
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Hamlet St Boston, MA 02125
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