Unique investment opportunity! Massive 3 family with 13 Bdrs and 8.5% CAP rate. All units are deleaded. This is a true cash cow, offering outstanding rental income and long-term value. Tenants pay all utilities. Perfect for 1031 exchange, long term rental income, owner occupant or condo conversion. All units are sunny, bright, have front and back porches and recently renovated with granite kitchens, tiled bathrooms. All utilities are split. The TPO roof is 7 yo. Lots of system updates. New water tanks. Some appliances are brand new. 2 car garage and parking in the back. Additional income from parking. 5 min walk to the Red Line. Situated just moments from I-93, UMASS, and downtown Boston, this property provides unbeatable access to major transportation routes, popular educational institutions, and the city's vibrant business district. Don’t miss out on this rare opportunity to own a top-tier investment property in the city of Boston.
For sale
$1,529,000
29 Ridgewood St, Dorchester, MA 02122
13beds
3,906sqft
Est.:
3 Family
Built in 1905
-- sqft lot
$1,485,300 Zestimate®
$391/sqft
$-- HOA
What's special
Front and back porchesTiled bathrooms
- 33 days
- on Zillow |
- 265 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 12:09am
Listed by:
Galina Barry,
ERA Cape Real Estate, LLC
Source: MLS PIN,MLS#: 73355844
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 3
- Full bathrooms: 3
Features
- Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub, Living Room, Kitchen, Sunroom
- Flooring: Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,906
- Total interior livable area: 3,906 sqft
- Finished area above ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Waterfront features: Beach Front, 1/2 to 1 Mile To Beach
Lot
- Size: 3,969 Square Feet
Details
- Parcel number: W:15 P:01097 S:000,1305225
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, T-Station, University
Location
- Region: Dorchester
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $1,230,600
- Annual tax amount: $14,250
- Date on market: 4/14/2025
- Total actual rent: 11750
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