Investment opportunity in Dedham, MA! This 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!
This home has been viewed 77 times
Last Checked: April 3rd, 2025 at 4:19am (Source: MLS PIN #73331496)
Gross Income: $88,860
Gross Expenses: $24,479
Net Income Calc: $64,381
CAP Rate: 5.15%
Annual Expenses for 69 Milton St., Dedham MA 02026
Total Gross Expenses (Calculated)$24,479/year
APOD AvailableYes
Heating$3,000
Electricity$1,500
Water$3,000
Gas$3,000
Insurance$3,000
Sewer$3,000
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,979
Annual Income & Unit Breakdown for 69 Milton St., Dedham MA 02026
Total Gross Income (Calculated)$88,860
Unit 1
Rental Income$2,550
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(water), Hot Water), Unit 2(heat, Unit 3(heat
Unit 2
Rental Income$2,325
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(water), Hot Water), Unit 2(heat, Unit 3(heat
Unit 3
Rental Income$2,030
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesWater, Unit 1(water), Hot Water), Unit 2(heat, Unit 3(heat
General Information for 69 Milton St., Dedham MA 02026
Listing ID73331496
Property TypeMulti Family / 3 Family
Price$1,250,000 ($342.65/SqFt)
Style3 Family
CityDedham
CountyNorfolk
MLS Area
Neighborhood(s)
Approximate Living Area Total3,648 SqFt
Approximate Lot Size (Acres)0.39 acres
Total Parking10
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpacePorch
ZoningGB
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 69 Milton St., Dedham MA 02026
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$13,500
Total Gross Income By Broker$88,860
Total Net Income By Broker$67,233
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnCompensation Offered But Not In Mls
Financial Information for 69 Milton St., Dedham MA 02026
Real Estate Taxes$10,979
Tax Year2024
Assessed Value$878,300
Financial Data Source
Total Gross Expenses By Broker$13,500
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$88,860
BostonRealEstate.com Gross Income
Total Net Income By Broker$67,233
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.15%
Location Information for 69 Milton St., Dedham MA 02026
Elementary SchoolDedham Public
Middle SchoolDedham
High SchoolDedham
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Laundromat, Public Transportation, T-station, Pool, Private School
Contact Information for 69 Milton St., Dedham MA 02026