Dedham MA Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.39 Acres
Year built:
1900
Baths:
4.00
MLS#:
73301721

ADDITIONAL 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!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.13 Acres
Year built:
1835
Baths:
2.00
MLS#:
73296282

ADDITIONAL INFORMATION

Rare opportunity to own a majestic 2 family home located in the heart of historic Dedham Square. This property is currently being use for two professional office suites but has been approved as a 2 family home and has loads potential, including condo conversion!. Note: there is no kitchen in unit 1 and only a half bath in unit 1. The first floor unit consists of 4 rooms, a half bath and rear porch. The second floor unit features a rear porch, full bath, as well as 5 additional rooms including a kitchen. Curb cuts on both Washington St and School St lead to a paved parking lot for 6 cars behind the building. Updates include separate 100-amp electrical services, natural gas heat and hot water system, windows, roof, driveway and parking lot. The property is located in the opportunity filled Central Business Zoning District.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.1 Acres
Year built:
1890
Baths:
3.00
MLS#:
73294562

ADDITIONAL INFORMATION

Don’t miss this beautifully gut-renovated two-family property! An incredible investment opportunity with a high cap rate, perfect for investors or owner-occupants. This move-in ready home features updated, open-concept kitchens with new appliances in both units. Larger unit boasts a stunning skylight, a spacious updated bathroom with a soaking tub and separate shower, finished attic with new vinyl flooring, and polished hardwood floors on the first level. The other unit offers a cozy 2-bedroom layout and newly painted deck. Both units have separate entrances and all utilities are separated, including two water meters, are individually metered, making future condo conversion possible. Exterior upgrades include a newly repainted deck and new fencing. Located just minutes from Dedham Square, with easy access to shops, restaurants, major highways, public transportation, and the Dedham Corporate Center. Enjoy nearby parks, walking trails, and Dedham High is just 0.5 miles

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Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Dedham Real Estate

The median home value in Dedham, MA is $689,000. This is higher than the county median home value of $658,100. The national median home value is $338,100. The average price of homes sold in Dedham, MA is $689,000. Approximately 67.7% of Dedham homes are owned, compared to 27.69% rented, while 4.61% are vacant. Dedham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dedham real estate agent to arrange a tour today!

Dedham, Massachusetts has a population of 25,308. Dedham is less family-centric than the surrounding county with 30.53% of the households containing married families with children. The county average for households married with children is 36.79%.

The median household income in Dedham, Massachusetts is $108,047. The median household income for the surrounding county is $112,089 compared to the national median of $69,021. The median age of people living in Dedham is 43.1 years.

Dedham Weather

The average high temperature in July is 83.1 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 48.6 inches per year, with 46.7 inches of snow per year.

Dedham Real Estate Market Conditions

  • Median sales price

    $689,000
    11.8% change since last quarter
  • # Active listings

    36
    30-day change

Dedham Schools and Demographics

Education near Dedham, MA

Metric City County
High School Graduates 94.7 94.19
College Degree - 2 year 5.3 7.15
College Degree - 4 year 55.31 55.54
Graduate Degree 17.9 17.91
Expenditures per Student 22,685 22,685
Students per Teacher 12.7 12.7

Elementary Schools near Dedham, MA

School Grades Students P/T Ratio ZIP
Avery 01 - 05 312 11.8 02026
Beethoven PK - 03 317 13.3 02132
Boston Renaissance Charter Public School PK - 06 944 12.4 02136
Brooke Charter School Roslindale KG - 08 506 12.3 02131
Charles Sumner PK - 05 551 13.9 02131
Deerfield School KG - 05 247 16.1 02090
Dennis C Haley PK - 07 385 10.4 02131
Downey KG - 05 250 11.9 02090
Early Childhood Center PK - 01 306 17.1 02026
Elihu Greenwood Leadership Academy KG - 05 340 13.8 02136
Franklin D Roosevelt PK - 08 440 13.3 02136
George H Conley PK - 05 192 9.1 02131
Greenlodge 01 - 05 305 12.4 02026
Henry Grew KG - 05 251 16.3 02136
John D Philbrick PK - 05 161 14.1 02131
Joyce Kilmer PK - 08 456 15.3 02132
Lyndon PK - 08 550 13.8 02132
Martha Jones KG - 05 295 14.6 02090
Mozart PK - 05 162 11.3 02131
Oakdale 01 - 05 286 12.6 02026
Paul Hanlon KG - 05 226 15.7 02090
Phineas Bates PK - 05 292 12.9 02131
Riverdale 01 - 05 187 11.2 02026
Westwood Integrated Preschool PK - PK 44 14.7 02090
William E Sheehan KG - 05 373 14.8 02090
William Ellery Channing PK - 05 295 13.5 02136
William H Ohrenberger 03 - 08 611 13.7 02132

Middle Schools near Dedham, MA

School Grades Students P/T Ratio ZIP
Dedham Middle School 06 - 08 680 11.6 02026
E W Thurston Middle School 06 - 08 798 13.3 02090
Washington Irving Middle School 06 - 08 354 9 02131
Wm B Rogers Middle School 06 - 08 348 9.9 02136

High Schools near Dedham, MA

School Grades Students P/T Ratio ZIP
Boston Community Leadership Academy 09 - 12 525 10.1 02136
Dedham High School 09 - 12 700 10.7 02026
Urban Science Academy 09 - 12 471 11.2 02132
West Roxbury Academy 09 - 12 579 11.6 02132
Westwood High School 09 - 12 971 13.3 02090

Ungraded Schools near Dedham, MA

School Grades Students P/T Ratio ZIP
* New Mission High School 09 - 12 301 10.8 02136
Academy of the Pacific Rim Charter Public School 05 - 12 519 12.2 02136
Boston Preparatory Charter Public School 06 - 12 391 11.8 02136

Demographics near Dedham, MA

Metric City County
Neighborhood Type Suburban
Population 25,308 720,403
Population Density 2,470 1,819
Median Age 43.1 40.7
People per Household 2.3 2.5
Median Household Income 108,047 112,089
Average Income per Capita 57,489 60,406