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27389504
27389505

49 Fottler Rd, Boston, MA 02126

DK
MA MA 9504385
Horvath & Tremblay
JP
MA 9528992
Horvath & Tremblay
Listed by Horvath & Tremblay
$2,000,000
240 days on market
Updated 98 days ago

49 Fottler Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,360
Net Rentable (SqFt) 5,520
Units 6
Cap Rate 7.53%
NOI $150,657
Occupancy 100%
Price per SqFt $380
Year Built 1910
Buildings 1
Stories 3
Acreage 0.120
Ownership Fee Simple

Multifamily | 6 Units | $350,000/unit

Marketing description

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 49 Fottler Road in Mattapan, MA (the “Property”). The three-story building contains six (6) 2-Bedroom/1-Bathroom units with 5,520 square feet of gross living area and 7,360 square feet of gross area. The Property is situated upon a 0.12- acre parcel in the desirable Greater Boston neighborhood of Mattapan.

49 Fottler Road is well-positioned within the Mattapan neighborhood of Boston, offering convenient access to major thoroughfares and surrounding residential communities. The property is located near Blue Hill Avenue and Cummins Highway, providing strong regional connections to downtown Boston, Interstate 93, and Route 138. The site benefits from proximity to Mattapan Square, a key commercial hub featuring retail, dining, and community services, as well as access to the MBTA Mattapan Trolley Line and multiple bus routes. Nearby recreational amenities such as the Neponset River Greenway and Franklin Park further enhance quality of life and tenant appeal.

This strategic location supports excellent visibility, strong neighborhood connectivity, and efficient regional access, making 49 Fottler Road a wellsituated property within Boston’s growing urban marketplace.

Investment highlights

DESIRABLE GREATER BOSTON METRO AREA

49 Fottler Road is ideally situated in Mattapan, placing residents at the heart of the greater Boston metro area and one of the city’s most diverse, amenityrich neighborhoods. This multi-family property benefits from rapid access to Blue Hill Avenue and the Mattapan Square MBTA transit hub, offering seamless connections to Downtown Boston, local parks, and regional employment centers.

Mattapan and its surrounding neighborhoods offer a variety of retail and dining options, serving both local residents and visitors. In the heart of Mattapan, shoppers will find stores like SNIPES on Blue Hill Avenue for urban fashion and sneakers, alongside supermarkets, convenience shops, and neighborhood services. Mattapan Square features a mix of Caribbean and local eateries, bakeries, and casual restaurants, reflecting the area's rich cultural diversity.

Just minutes away in neighboring Dorchester, South Bay Center provides national retailers such as Target and Best Buy, as well as popular dining chains like Olive Garden, Applebee’s, and Chipotle. Residents enjoy easy access to local markets, take-out spots, family-owned restaurants, and vibrant shopping corridors, all within a short commute of the Boston metro area.

AREA AMENITIES & DEMAND DRIVERS

The immediate area surrounding the Property features a diverse mix of residential communities, neighborhood retail, schools, and important public resources. Mattapan is recognized for its strong sense of community, vibrant Caribbean cultural presence, and active neighborhood organizations. It is anchored by major educational facilities, healthcare institutions, and ongoing city revitalization projects that support housing stability, green space, and public mobility, all enhancing long-term demand for quality residential and commercial properties.

The Property offers a convenient location with direct access to Blue Hill Avenue and the Mattapan Square transit hub, providing rapid connections to Downtown Boston via MBTA Rapid Transit and key bus routes. The property is strategically positioned close to renowned parks such as Franklin Park and the Boston Nature Center, as well as community amenities like Mattahunt Community Center and the Neponset River Greenway, making it an ideal choice for residents seeking proximity to green space, public transit, and the region’s employment and educational opportunities.

VALUE-ADD POTENTIAL

In-place rents are below the current market rates; the opportunity exists to acquire a well-located multifamily asset in a prime Greater Boston Metro Area neighborhood. The Property benefits from steady tenant demand due to its proximity to downtown Boston and its accompanying major employment hubs and retail corridors. The opportunity exists to continue to upgrade unit interiors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential market.

UTILITIES

Each unit is separately metered for electricity, electric heat, and electric hot water, which the tenants pay directly. The landlord is responsible for domestic water and sewer and common area electricity.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 34,700 people live within 1 mile of the Property with an average household income of $103,726. Over 263,900 people reside within 3 miles of the Property with an average household income of $138,098.

QUALITY OF LIFE AMENITIES

Access to the Boston Nature Center & Wildlife Sanctuary, offering gardens, trails, environmental education, and family-friendly events.

Multiple parks and playgrounds such as Harambee Park, Hunt Playground, and Walker Playground with athletic courts and green spaces for outdoor recreation.

Community centers like Mattahunt Community Center provide enrichment programs, fitness activities, event spaces, and year-round events for all ages.

Scenic natural areas including the Neponset River Greenway and Kennedy Playground that offer walking, jogging, biking paths, and community gardens.

A vibrant cultural scene celebrating the area’s Caribbean heritage through local events, markets, and dining. Significant green spaces, including Franklin Park Zoo within easy reach, promote access to family-friendly recreational venues.

Listing Contacts

DK
MA MA 9504385
Horvath & Tremblay
JP
MA 9528992
Horvath & Tremblay
Listed by Horvath & Tremblay

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$150,657.00
$12,554.75/mo

Valuation Metrics

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DSCR
7.53%
Cap Rate
7.53%
ROI

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Additional Information

Name
Dennis Kelleher
License
MA 9504385
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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