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You are here:
Home Massachusetts Dedham Multi-Family Homes for Sale

69 Milton St Dedham, MA 02026

37 Days on Boston Pads
33 Photos
$1,250,000
3 Unit
6 Beds
4 Baths
3648 SQFT
0.39 Acre
69 Milton St
Dedham, MA 02026

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!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 7
  • Total Bedrooms: 6
  • Total Full Baths: 4
  • Amenities: Highway Access, Laundromat, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom with Shower Stall, Bathroom With Tub & Shower, Ceiling Fans, Country Kitchen, Pantry, Storage, Upgraded Cabinets
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Common Heating: Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Oil

Financial

  • APOD Available: Yes
  • Gross Operating Income: 88860
  • Gross Expenses: 13500
  • GSE: 3000
  • Electric Expenses: 1500
  • Water/Sewer: 3000
  • INSC: 3000
  • Net Operating Income: 67233

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Heat, Hot Water, Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73301721
  • Last Updated: 11/15/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
10/17/2024Active$1,250,000$343MLSPIN
10/13/2024New$1,250,000$343MLSPIN

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Map & Resources

Avery School

School

0.26mi

Avery School

Public Elementary School, Grades: 1-5

0.39mi

East Dedham Fire Station

Fire Station

0.24mi

William B. Gould Park

Park

0.02mi

Condon Park

Municipal Park

0.26mi

Mill Pond Park

Park

0.39mi

Mother Brook Playground

Playground

0.35mi

Gus Toomey Playground

Playground

0.37mi

4 Corner Citgo

Gas Station. Self Service: Yes

0.3mi

East Dedham Plaza

Mall

0.21mi

Family Dollar

Variety Store

0.28mi

River St @ Milton St

3233
33

0.37mi

River St @ Milton St

33

0.38mi

Seller's Representative: The Cobi Team, William Raveis R. E. & Home Services
MLS ID#: 73301721

© 2024 MLS Property Information Network, Inc.. All rights reserved.

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.

MLS PIN data last updated at 2024-11-15 13:33:00

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