29 Ridgewood St Boston MA 02122 MLS #73355844

29 Ridgewood St
Boston, MA, 02122
$1,529,000
13 Beds
3 Baths
3,906 SqFt
0.09 Acres
$1,529,000
29 Ridgewood St
Boston, MA, 02122
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.

Property Details

Price:
$1,529,000
MLS #:
73355844
Status:
Active
Beds:
13
Baths:
3
Address:
29 Ridgewood St
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Dorchester’s Meeting House Hill
City:
Boston
Listed Date:
Apr 7, 2025
State:
MA
Finished Sq Ft:
3,906
Total Sq Ft:
3,906
ZIP:
02122
Lot Size:
3,969 sqft / 0.09 acres (approx)
Year Built:
1905
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Freezer
Bathrooms
3 Full Bathrooms
Flooring
Hardwood

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, T- Station, University
Parking Features
Paved Drive
Parking Spots
3

Financial

Net Operating Income
$139,059
Tax Year
2025
Taxes
$14,250
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Courtesy of LMC Property Group. 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.
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29 Ridgewood St
Boston, MA