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19 Pleasant Street presents a rare opportunity to acquire a fully leased, high-performing multifamily asset in the heart of Savin Hill. Offering 12 bedrooms, 3 full bathrooms, 3 half bathrooms, and 4 off-street parking spaces, the property currently generates approximately $13,650 per month in rental income, and is being offered at a 6.44 Cap Rate. Renovated approximately 10 years ago, the building combines classic Boston Victorian Architecture with the finishes today's rental market demands. Granite countertops, stainless steel appliances, Central HVAC, hardwood floors, updated kitchens and baths, gas fireplaces in select units, and oversized private decks create a rental product that continues to attract strong demand. Four off-street parking spaces add another increasingly valuable amenity. But, the bigger story is what is happening around it. Savin Hill sits directly in the path of significant investment and redevelopment. South Bay has already transformed into a major mixed-use destination with new housing, restaurants, retail and entertainment. To the east, Columbia Point is entering another chapter of growth, led by Dorchester Bay City and additional planned development along the Morrissey Boulevard corridor.For an investor, that creates an attractive combination: strong existing income, a renovated and stabilized asset, and long-term exposure to one of Boston's most significant emerging development corridors.Minutes from Savin Hill and JFK/UMass Red Line stations, UMass Boston, South Bay, Columbia Point, beaches and downtown Boston, 19 Pleasant offers something increasingly difficult to replicate: scale, parking, strong rents and future upside in a supply-constrained Boston neighborhood. The income is already here. The neighborhood's next chapter is still being built.
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Basic Information
- Gross Income $163,800
- Lot Features Corner Lot, Level
- Mls StatusNew
- Parcel Number 1299029
- Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Tax Information
- Tax Assessed Value $1,872,300
- Tax Year 2027
- Taxes$23,436
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Tandem
- Parking Spaces4
Rooms
- Bathroom6
- Bathrooms Total Decimal 4.5
- Bedrooms12
- Full Bath3
- Half Baths3
Basic Information
- List Price$2,050,000
- MLS Number73562386
- Modification Date08/12/2026
- Property SubType3 Family - 3 Units Up/Down
- Virtual TourView Tour
Location
- Address19 Pleasant Street
- Building Number19
- CountySuffolk
- NeighborhoodDorchester's Savin Hill
- StateMA
- StreetPleasant Street
- SubdivisionDorchester's Savin Hill
- TownBoston
- Zip02125
Building
- BasementFull, Unfinished
- Building Area Units Square Feet
- Construction Materials Frame, Stone
- FireplaceYes
- Fireplaces Total 1
- FoundationStone
- Foundation Area 999999
- Levels 4
- Patio And Porch Features Porch, Deck
- Rooms18
- Stories4
- Units3
- Utilities For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
- Window Features Insulated Windows
- Year Built1905
- Year Built Details Actual
- Year Built Source Public Records
Property
- Acreage0.09
Interior
- Flooring Wood, Tile, Hardwood
- Interior Features
- High Speed Internet
- Kitchen
- Laundry Room
- Living Room
- Stone/Granite/Solid Counters
- Storage
- Upgraded Cabinets
- Upgraded Countertops
Exterior
- Exterior Features Balcony/Deck
- Fencing Fenced/Enclosed, Fenced
- RoofRubber
Utilities
- Cooling Central Air
- Cooling YN Yes
- Electric Circuit Breakers,200+ Amp Service
- Heat SystemYes
- Heating Central
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 3,957
- Lot Size Square Feet 3,860
- Lot Size Units Acres
- Square Feet3,957
Amenities
- Amenities
- Park
- Public School
- Public Transportation
- Shopping
- T-Station
- University
- Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
- Other AmenitiesBasement, Fireplace
Water Body
- Miles to Beach2
- Waterfront Features 1 to 2 Mile To Beach, Beach Ownership(Public)
Legal
- Zoning3F-5000
Other
- Date Listed08/12/2026
- Farm Land Area Units Square Feet
- View Count1
Map Location
Listed by Mission Realty Advisors of Compass
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