Sold!
$1,000,000
16
Beds
6
Baths
5,197
Living Area
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Property Description
OFFER DEADLINE - SUNDAY 5 PM - A Rare Investment Powerhouse! The future of Dudley's investment market is here with this high-performing, fully occupied 6-unit property. A true cash-flow machine, generating over $10K per month in market and above-market rents! Professionally managed and meticulously renovated, this turnkey asset is built for strong, immediate returns. Each unit has been updated in recent years, featuring modern flooring, cabinetry, countertops, and fresh paint, making it an easy, low-maintenance investment. With fully separated utilities, newer heating and hot water systems, and strong leases, this is the definition of passive income. 31 Central consists of 4 generously sized three bed units and two additional 2 bed units, a recently renovated coin-op laundry room with 6 hookups, and a huge back lot providing ample off-street parking for 12+ cars, making it an extremely rare find in the area. Current prop. mgmt company would love to continue to manage here!
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Highlights
- Cooling: Window Unit(s)
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1890
- Heating: Baseboard, Natural Gas, Individual, Unit Control, Forced Air
- Parking Spots: 20
- Property Type: 5-9 Family
- Total Rooms: 28
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Vinyl, Carpet, Varies, Hardwood, Wood, Stone/Ceramic Tile
- Interior Features: Remodeled, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: B15
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Dirt Floor, Concrete
- Exclusions: All Tenant Belongings Are Excluded. Coin Operated Laundry Machines Not Included
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Parking Features: Off Street, Deeded
- Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $510,800
- Tax Year: 2025
- Total Rent: $9,900
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $5,399
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Byrnes Real Estate Group LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
