Mattapan Portfolio

Mattapan, MA

Acquired in 2018

Wildwood St, Mattapan MA (6 Units+ Land)

Willowwood St, Mattapan MA (6 Units + Land)

Hiawatha St, Mattapan MA (12 Units)

Winthrop St, Mattapan MA (6 Units)

Sunderland St, Dorchester (6 Units)

Property Highlights

  • Acquired low-income housing properties with city funding assistance
  • Executed strategic exterior and interior renovations
  • Stabilized units with Section 8 recipients at near-market rent level

Overview

The properties were acquired as part of a low-income housing portfolio. Our aim was to improve the property’s condition and increase its value by utilizing city funds and implementing strategic renovations. The city provided $600,000 in funding, which we supplemented due to inflation and increased costs. Exterior repairs included fixing wood shingles, porches, and drainage systems, and replacing wood with long-lasting, maintenance-free materials. Interior renovations were carried out as tenants moved out, and the refurbished units were rented to Section 8 recipients at nearly market rents. Additionally, 2 land parcels that came with the portfolio are in the permitting phase to add an extra 6 units.

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