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69 Milton St, Dedham MA 02026 – 6 bed 4 bath For Sale – 73301721

$ 1,250,000
69 Milton St, Dedham MA 02026,
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Overview

  • Updated On:
  • December 16, 2024
  • listingid
  • 73301721
  • 6 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 10 Total Parking
  • 1900
  • HOA Fee

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 Details

Property Id: 519146
Price: $ 1,250,000
Property Size: 3,648.00 ft2
Property Lot Size: 0.39 ft2
Rooms: 14
Bedrooms: 6
Bathrooms: 4
Full Bath: 4
Total Bathrooms: 4
Disclosures: N
Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Last Updated: 2024-11-15T18:35:13.563Z
Building Area Source: Public Records
Building Area Total: 3648
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Pool,Walk/Jog Trails,Laundromat,Highway Access,Private School,Public School,T-Station
Construction Materials: Frame
Cooling: Other
Directions: High Street to Milton Street
Disclosures: The 4th tenant is renting the basement as storage space and part of the yard for $500 a month. Rents are below the market. Current Cap rate is 5.4%. Part of the lot is on Business zone. 1 of the units can be delivered vacant with notice for owner occupants. Buyer to verify all informations.
Electric: Circuit Breakers
Electric Expense: 1500
Elementary School: Dedham Public
Expiration Date: 1900-01-01
Flooring: Wood,Hardwood
Foundation Details: Stone
Gross Income: 88860
Gross Scheduled Income: 3000
Heating: Forced Air,Natural Gas,Baseboard
High School: Dedham
Insurance Expense: 3000
List Agent MlsId: TM323984
List Office MlsId: M95383
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-10-13
Listing ID: 73301721
Lot Features: Cleared
Lot Size: 0.39
Lot Size SqFt: 17000
Lot Size Units: Acres
Date Available: Yes
Bedroom 1: 2
Bedroom 2: 2
Bedroom 3: 2
Bath 1: 2
Bath 2: 1
Bath 3: 1
Heating Units: 2
Heating Zones: 2
Hot Water: Natural Gas
Lead Paint: Unknown
Lease 1: Y
Lease 2: Y
Lease 3: Y
Lease 4: Y
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Unit 4 Living Levels: 1
Listing Alert: No
Price Per SqFt: 342.65
Days in Market: 33
Total Days on Market: 33
Open House: 1
MLS PIN Page: 408
Price Per SqFt: 342.65
Unit 1 Rent: 2550
Unit 2 Rent: 2325
Unit 3 Rent: 2030
Unit 4 Rent: 500
Living Area Includes Basement: No
Team Member: BB806072
Middle School: Dedham
MLS Status: Active
Last Updated: 2024-11-15T18:33:00.000Z
Net Operating Income: 67233
Number Of Units: 3
Operating Expense: 13500
Original List Date: 2024-10-13T13:40:00.000Z
Original List Price: 1250000
Parcel Number: M:0113 L:0059,70095
Parking Features: Off Street,Deeded
Total Parking: 10
Patio And Porch Features: Porch
Rent Includes: Unit 1(Water),Unit 2(Heat,Water,Hot Water),Unit 3(Heat,Water,Hot Water)
Road Type: Public
Roof: Shingle
Sewer: Public Sewer
State: MA
Status Change Time: 2024-10-13T13:40:00.000Z
Total Stories: 7
Tax Annua lAmount: 10979
Tax Assessed Value: 878300
Tax Book Number: 21821
Tax Year: 2024
Total Actual Rent: 7405
Utilities: for Gas Range,for Electric Range
Water/Sewer Expense: 3000
Water Source: Public
Window Features: Insulated Windows
Year Built: 1900
Year Built Details: Unknown/Mixed
Year Built Source: Public Records
Zoning: GB

Payment Calculator

$ 7,162.17
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 5,995.51

Amenities and Features

Other Features
Bathroom with Shower Stall
Ceiling Fan(s)
Country Kitchen
Dining Room
Dishwasher
Disposal
Has Cooling System
Has Heating System
Kitchen
Living Room
Pantry
Rain Gutters
Range
Refrigerator
Storage
Upgraded Cabinets

Property Address

Address: 69 Milton St, Dedham MA 02026
City:
State/County:
Zip: 02026
Country: United States
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69 Milton St, Dedham MA 02026 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

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69 Milton St, Dedham MA 02026 – 6 bed 4 bath For Sale – 73301721

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