Unit Information
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!
- Additional Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Zip Code: 02026
- Living Levels: 7
- Parking
- Parking: Off Street, Deeded
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 7
- Total Rooms: 14
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$1,250,000
- Listing ID: 73301721
- Bedrooms: 6
- Full Baths: 4
- Living Area: 3,648 sqft Convert
- Lot Size: 17,000 sqft Convert
- Acres: 0.39
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |