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196-196-196A Hamilton St, Dorchester, MA, 02122

9beds
4baths
4,167sqft
$1,005,000
$241price/sqft
$6,716/moest. monthly cost
$268,640/yrincome needed

About This Home

MASSIVIVE 2-FAMILY with Value-Add! Rare investor or owner-occupant gem at 196 Hamilton St. This massive multi-family boasts an incredible footprint and premium features, delivered 100% vacant. Unit 1 features gleaming hardwood floors, formal living/dining rooms, a modern kitchen with stainless steel appliances, and direct access to fully finished basement with a variety of rooms including wet bar w/wine closet and a full bathroom. Unit 2 is a sprawling bi-level penthouse spanning the top two floors with plenty of rooms, flexible living spaces, a private balcony and a dedicated office space. Outside, enjoying growing fresh vegetables in your garden or having a cookout in the back. Massive upside for premium market rents or a condo conversion in a high-demand market || Can be delivered vacant || Please Allow 24-hour notification required for all access

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Concrete Perimeter,Stone
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Microwave,Refrigerator,Range Hood

Basement

  • Has basement: Yes
  • Basement: Finished,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Pantry,Stone/Granite/Solid Counters,Bathroom With Tub,Open Floorplan,Remodeled,Living Room,Dining Room,Kitchen
  • Flooring: Wood,Tile,Hardwood
  • Finished area below ground: 750
  • Finished area above ground: 3,417

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,167
  • Total interior livable area: 4,167 sqft

Property

Details

  • Parcel number: W:15 P:01365 S:000,1303328
  • Zoning: R2

Features

  • Patio & porch: Deck
  • Exterior features: Balcony/Deck

Lot

  • Lot size: 4,000 sqft
  • Features: Other

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,081$60,972
Home Insurance *$237$2,844
Property Taxes $577$6,924
Electricity $821$9,860
Total$6,716$80,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$230,262/yr
40% on housing$201,480/yr
45% on housing$179,093/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$241This listing

vs Other Active Listings

Avg $/sqft

ZIP 02122$372
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02122$561
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Price change$935,000
2026-07-24Price change$1,005,000
2026-06-24Listed for sale$1,119,000

For Sale by Agent

AgentNichols Realty Team
BrokerageMIG

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