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You are here:
51 Days on Boston Pads
Price Reduced $30,000
9 Photos
$1,095,000
3 Unit
5 Beds
3 Baths
2318 SQFT
0.16 Acre
5 7 Hemman Street
Boston, MA 02131

Property Description

Looking for a strong investment? Welcome to Hemman Street - a rare opportunity in Roslindale. Currently operating at a mid–6% cap rate, this partially updated 3-family features modern, condo-quality finishes in Units 1 and 2, while Unit 3, though unrenovated, is leased at a strong rental rate through 8/31/2026. Units 1 and 2 offer updated kitchens and baths, hardwood floors, private outdoor space, and in-unit conveniences that appeal to today’s renters. Unit 3 provides excellent long-term value with its high existing income stream.Situated on a residential street minutes from Roslindale Village, the commuter rail, shops, and dining, this property delivers strong cash flow, turnkey updates in two units, and built-in stability with an extended lease - a compelling opportunity for investors or developers.

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Full

Financial

  • APOD Available: No
  • Expenses Source: Other (See Remarks), Pro. Forma Available
  • Gross Operating Income: 93600
  • Gross Expenses: 22538
  • Net Operating Income: 67161

Utilities

  • Electric Info: 110 Volts, On-Site, Other (See Remarks)
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

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

Construction

  • Year Built: 1915
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks), Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73451135
  • Last Updated: 12/23/25

Date Event Price Price/Sq Ft Source
12/23/2025Active$1,095,000$472MLSPIN
12/16/2025Price Change$1,100,000$475MLSPIN
12/16/2025Price Change$1,095,000$472MLSPIN
12/10/2025Active$1,120,000$483MLSPIN
12/06/2025Price Change$1,120,000$483MLSPIN
11/08/2025Active$1,125,000$485MLSPIN
11/04/2025New$1,125,000$485MLSPIN

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Map & Resources

Bates Elementary School

Public Elementary School, Grades: PK-6

0.13mi

Conley Elementary School

Public Elementary School, Grades: PK-6

0.38mi

Stony Brook Reservation

State Park

0.43mi

George Wright Golf Course

Golf Course

0.27mi

Washington - Beech St. Play Area

Recreation Ground

0.19mi

Metropolitan Ave @ Kittredge St

50

0.14mi

Metropolitan Ave @ Kittredge St

4050
50

0.14mi

Washington St @ Cornell St

34
34E
40

0.16mi

Washington St @ Cornell St

34
34E
40
4050

0.17mi

Metropolitan Ave @ Malverna Rd

50

0.19mi

154 Metropolitan Ave opp Malverna Rd

4050
50

0.19mi

Washington St @ Metropolitan Ave

34
34E
40

0.21mi

Washington St @ Walworth St

34
34E
40
4050

0.21mi

Seller's Representative: Zachary Conley, NextGen Realty, Inc.
MLS ID#: 73451135

© 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 2025-12-23 03:05:00

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