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!
Under contract
$1,200,000
69 Milton St, Dedham, MA 02026
6beds
3,648sqft
Est.:
3 Family
Built in 1900
-- sqft lot
$1,179,200 Zestimate®
$329/sqft
$-- HOA
What's special
Updated heatingBrand-new porchHardwood floorsRewired electrical systemNewer hot water tanksLarge lotHigh ceilings
- 24 days
- on Zillow |
- 1,426 |
- 74 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 12:08pm
Listed by:
The Cobi Team,
William Raveis R. E. & Home Services,
Ilya Cobi
Source: MLS PIN,MLS#: 73355932
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Natural Gas, Baseboard
Cooling
- Other
Features
- Ceiling Fan(s), Pantry, Upgraded Cabinets, Bathroom with Shower Stall, Bathroom With Tub & Shower, Country Kitchen, Storage, Living Room, Dining Room, Kitchen
- Flooring: Wood, Hardwood
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,648
- Total interior livable area: 3,648 sqft
- Finished area above ground: 3,648
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Deeded
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
Lot
- Size: 0.39 Acres
- Features: Cleared
Details
- Parcel number: M:0113 L:0059,70095
- Zoning: GB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station
Location
- Region: Dedham
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $918,400
- Annual tax amount: $11,590
- Date on market: 4/7/2025
- Total actual rent: 7405
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