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69 Milton St.

Dedham, MA 02026
  • $1,250,000
  • STATUS: Contingent
  • MLS #: 73331496
Under Contract
UPDATED: 73 min ago
$1,250,000
  • 6
    BEDS
  • 0.39
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,648
    SQFT
  • $343
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of The Cobi Team of William Raveis R. E. & Home Services.

Description

Investment opportunity in Dedham, MA! This legal 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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-02-15T11:04:09.173.
www.privirealty.com/homes/159967065
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69 Milton St. Dedham, MA 02026

  • Price: $1,250,000
  • Status: Contingent
  • On Site: Days
  • Updated: 73 min ago
  • MLS #: 73331496
6
Beds
4
Baths
0
½ Baths
0.39
Acres
3,648
SQFT
$343
$/SQFT
1900
Built
County:
Norfolk
Elementary School:
Dedham Public
Middle School:
Dedham
High School:
Dedham
Property Description
Investment opportunity in Dedham, MA! This legal 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!
Exterior Features

Construction Materials Frame Covered Spaces 0 Exterior Features Rain Gutters Garage YN No Lot Features Cleared Parking Features Off StreetDeeded Parking Total 10 Patio And Porch Features Porch Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances RangeDishwasherDisposalRefrigerator Basement FullWalk-Out AccessInterior EntryConcreteUnfinished Building Area Total 3648 Cooling Other Cooling Units 0 Cooling YN Yes Cooling Zones 0 Fireplace YN No Fireplaces Total 0 Flooring WoodHardwood Foundation Details Stone Heat Units 2 Heat Zones 2 Heating Forced AirNatural GasBaseboard Heating YN Yes Interior Features Ceiling Fan(s)PantryUpgraded CabinetsBathroom with Shower StallBathroom With Tub & ShowerCountry KitchenStorageLiving RoomDining RoomKitchen Lead Paint Unknown Rooms Total 14 Window Features Insulated Windows

Property Features

Community Features Public TransportationShoppingPoolWalk/Jog TrailsLaundromatHighway AccessPrivate SchoolPublic SchoolT-Station Contingency Pending P&S Disclosures The 4th tenant is renting the basement as storage space and part of the yard for $500 a month. Rents are below the market. Current Cap rate is 5.4%. Part of the lot is on Business zone. 1 of the units can be delivered vacant with notice for owner occupants. Buyer to verify all informations. Electric Circuit Breakers Electric Expense 1500 Gross Income 88860 Gross Scheduled Income 3000 Home Warranty YN No Insurance Expense 3000 Net Operating Income 67233 Operating Expense 13500 Property Sub Type 3 Family Rent Includes Unit 1(Water)Unit 2(HeatWaterHot Water)Unit 3(HeatWaterHot Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 10979 Tax Year 2024 Total Actual Rent 7405 Utilities for Gas Rangefor Electric Range Water Sewer Expense 3000 Water Source Public Year Built Details Unknown/Mixed Zoning GB

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of The Cobi Team of William Raveis R. E. & Home Services: 617-731-7737.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2025-02-15T11:04:09.173.
 
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Listing courtesy of The Cobi Team of William Raveis R. E. & Home Services.