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You are here:
Home Massachusetts Boston Mattapan Multi-Family Homes for Sale

157-167 Delhi Street Boston, MA 02126

32 Days on Boston Pads
16 Photos
$5,700,000
18 Unit
33 Beds
18 Baths
15744 SQFT
0.69 Acre
157-167 Delhi Street
Boston, MA 02126

Property Description

The Delhi Apartments are comprised of three contiguous six-unit apartment buildings. The asset boasts an impressive $46,211 monthly rent roll ($554,528 annual) giving an investor a tremendous opportunity to acquire a stable, cash-flowing deal that has been professionally managed for over 15 years. The properties are comprised of (15) two bedroom/one bathroom units and (3) one bedroom/one bathroom units. Each building features separate gas fired boilers, central hot water, separate electric meters and coin-op washer & dryer. Significant improvements have been made to the units and buildings during the current ownership. Two separate driveways provide access to the parking lot in the rear of the property. The property is located less than 3/4 of a mile from the Morton Street rail station on the MBTA Commuter Rail, which provides easy access to North Station and downtown Boston.

Property Overview

Building Information

  • Total Units: 18
  • Total Floors: 3
  • Total Bedrooms: 33
  • Total Full Baths: 18
  • Amenities: Bike Path, House of Worship, Laundromat, Park, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Common Interior Features: Tile Floor
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 554528
  • Gross Expenses: 135065
  • Net Operating Income: 419463

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 5+ Family - 5+ Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Rubber
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73451014
  • Last Updated: 11/08/25

Date Event Price Price/Sq Ft Source
11/08/2025Active$5,700,000$362MLSPIN
11/04/2025New$5,700,000$362MLSPIN

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Map & Resources

Mildred Avenue K-8 School

Public Elementary School, Grades: PK-8

0.09mi

KIPP Academy Boston Charter School

Charter School, Grades: K-8

0.19mi

Ellison-Parks Early Education School

Public Elementary School, Grades: PK-3

0.34mi

Saint Angela Elementary School

Private School, Grades: K-8

0.41mi

Shaw Elementary School

Public Elementary School, Grades: PK-5

0.42mi

Pauline Agassiz Shaw School

School

0.42mi

Berea SDA Academy

Private School, Grades: PK-8

0.44mi

Boston Fire Department Engine 16

Fire Station

0.57mi

Boston Police Department District B-3 North Dorchester-Mattapan Neighborhood Station

Local Police

0.59mi

Ryan Wading Pool

Swimming Pool

0.44mi

Walker Playground

Municipal Park

0.04mi

Almont Park

Municipal Park

0.29mi

Ryan Playground

Park

0.43mi

Tre’Vaughn Anthony Matthews Tot Lot

Playground

0.36mi

Mattapan Branch of the Boston Public Library

Library

0.17mi

Walgreens

Pharmacy

0.36mi

Blue Hill Ave @ Mattapan Library

28
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31

0.2mi

Blue Hill Ave @ Mattapan St

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31

0.21mi

1458 Blue Hill Ave opp Almont St

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31

0.24mi

Blue Hill Ave @ Almont St

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31

0.26mi

Blue Hill Ave @ Fessenden St

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31

0.27mi

Blue Hill Ave opp Woodhaven St

28
29
31

0.3mi

Blue Hill Ave @ Wellington Hill St

28
29
31

0.31mi

Blue Hill Ave @ Woodhaven St

28
29
31

0.31mi

Seller's Representative: Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services
MLS ID#: 73451014

© 2025 MLS Property Information Network, Inc.. All rights reserved.

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 2025-11-08 03:05:00