$1,050,000
6
Beds
2
Baths
2,382
Living Area
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Property Description
Exceptional investment opportunity in the heart of Dedham! This duplex-style two-family property offers strong income potential with one spacious 3-bedroom unit and one large 4-bedroom unit, currently generating nearly 90K annually. Both units feature major recent upgrades including brand-new high-efficiency mini-split heating & cooling systems, upgraded electrical panels, and newer water heaters. The property has seen approximately 150K in capital improvements in recent years. Both basements are approximately 90% finished, offering an additional 1,100+ sq ft of potential living space with endless possibilities for extra bedrooms, bathrooms, laundry, home offices, studios, or potential additional rental expansion. Conveniently located just a 5-minute walk to Dedham Center, commuter rail, restaurants, shopping, and public transportation, with easy access to highways, Legacy Place, and downtown Boston. A rare opportunity for investors or owner-occupants seeking strong cash flow
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Highlights
- Cooling: Multi Units, Ductless, Heat Pump
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1910
- Heating: Heat Pump, Electric, Ductless
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 10
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: R
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished
- Flooring: Wood, Laminate, Hardwood
- Interior Features: Studio, Remodeled, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Private School, Public School, T-Station
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $782,100
- Tax Year: 2025
- Total Rent: $7,520
- Rental Fee Includes: Unit 1(Water), Unit 2(Water, Other (See Remarks))
- Taxes: $9,870
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Listing information provided courtesy of William Raveis R. E. & Home Services.
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