69 Milton St Dedham MA 02026 MLS #73301721

69 Milton St
Dedham, MA, 02026
$1,250,000
6 Beds
4 Baths
3,648 SqFt
0.39 Acres
$1,250,000
69 Milton St
Dedham, MA, 02026
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 Details

Price:
$1,250,000
MLS #:
73301721
Status:
Active
Beds:
6
Baths:
4
Address:
69 Milton St
Type:
Multi Family
Subtype:
3 Family
City:
Dedham
Listed Date:
Oct 13, 2024
State:
MA
Finished Sq Ft:
3,648
Total Sq Ft:
3,648
ZIP:
02026
Lot Size:
17,000 sqft / 0.39 acres (approx)
Year Built:
1900
Units:
3

Schools

Elementary School:
Dedham Public
Middle School:
Dedham
High School:
Dedham

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Other
Flooring
Wood, Hardwood
Heating
Forced Air, Natural Gas, Baseboard

Exterior

Community Features
Public Transportation, Shopping, Pool, Walk/ Jog Trails, Laundromat, Highway Access, Private School, Public School, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Off Street, Deeded
Parking Spots
10
Roof
Shingle

Financial

Net Operating Income
$67,233
Tax Year
2024
Taxes
$10,979
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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 LAER Realty Partners. 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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69 Milton St
Dedham, MA