Sold!
$1,170,000
6
Beds
4
Baths
3,648
Living Area
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Property Description
Investment opportunity in Dedham, MA! This 3-family home with a 4th tenant offers excellent rental income history and incredible potential for growth. Each unit boasts 2 bedrooms, with the second unit offering potential to be converted into a 3-bedroom for added value. All units feature hardwood floors, high ceilings and great condition The property updates include a rewired electrical system, updated heating, newer hot water tanks, windows and roof. With long-term tenants and rents currently below market value, the cap rate is 5.4% but can potentially increase. Are you an owner occupant? This is for you. Live in one unit and let the other units pay for your mortgage. A large lot, part of which is zoned for business, accommodates 10+ cars. The brand-new porch adds to the home's appeal. Common laundry in the basement. Don’t miss this chance to own a well-maintained property in a prime location!
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Highlights
- Cooling: Other
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Heating: Forced Air, Natural Gas, Baseboard
- Parking Spots: 10
- Property Type: 3 Family
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Construction: Frame
- Flooring: Wood, Hardwood
- Interior Features: Ceiling Fan(s), Pantry, Upgraded Cabinets, Bathroom with Shower Stall, Bathroom With Tub & Shower, Country Kitchen, Storage, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Unknown/Mixed
- Zoning: Gb
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Stone
- Lot Features: Cleared
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station
- Parking Features: Off Street, Deeded
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $918,400
- Tax Year: 2025
- Total Rent: $7,405
- Rental Fee Includes: Unit 1(Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
- Taxes: $11,590
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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 William Raveis R.E. & Home Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
