1459-1469 River Street Boston — Photo 1 of 19
Recent Drop: $355,000
$1,495,000
Investment Analysis — 1459-1469 River Street
Boston, MA 02136
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02136 carries an estimated $2,070/mo in gross rent — about a 0.17% cap rate and $2,593/yr in estimated NOI at the $1,495,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
--
SqFt
3,757
Style
Other
Built
1930
Unique Commercial Investment with Parking Lot – Prime Hyde Park Location. Excellent opportunity to own a four-unit commercial retail strip on a high-visibility corner with strong vehicle traffic. The building is situated on a 4,128 SF parcel, offered with a 5,096 SF vacant lot directly across the street (1454 River Street), currently used as a parking lot. Located in the sought-after Local Convenience (LC) zoning district, both parcels offer flexible use potential, including commercial, mixed-use, or residential conversion (buyer/buyer's agent to verify). Formerly home to the long-standing Hyde Park Pharmacy and later Richy’s General Store, this property holds strong community presence and visibility. Ideal for investors, owner-users, or developers seeking upside in a high-traffic neighborhood. Don't miss this rare dual-parcel opportunity in the heart of Hyde Park!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Interior Specifications
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Property & Lot
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Property History
$1,495,000
Was $1,850,000
Dec 8, 2025
MLS® 73443362
$1,850,000
Oct 14, 2025
MLS® 73443362
Listing Agent: Maher Realty Group
Listing Office: eXp Realty LLC
MLS® Number: 73443362
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