OFFER DEADLINE - SUNDAY 5 PM - A Rare Investment Powerhouse! The future of Dudley's investment market is here with this high-performing, fully occupied 6-unit property. A true cash-flow machine, generating over $10K per month in market and above-market rents! Professionally managed and meticulously renovated, this turnkey asset is built for strong, immediate returns. Each unit has been updated in recent years, featuring modern flooring, cabinetry, countertops, and fresh paint, making it an easy, low-maintenance investment. With fully separated utilities, newer heating and hot water systems, and strong leases, this is the definition of passive income. 31 Central consists of 4 generously sized three bed units and two additional 2 bed units, a recently renovated coin-op laundry room with 6 hookups, and a huge back lot providing ample off-street parking for 12+ cars, making it an extremely rare find in the area. Current prop. mgmt company would love to continue to manage here!
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Last Updated: February 11th, 2025 at 6:18am
General Information for 31 Central Ave, Dudley, Massachusetts 01571
Property TypeResidential Income
Property Sub TypeMulti Family
Price$919,000
Price per sqft$176.83
MLS #73332010
Handicap Access / FeaturesNo
List Date2025-02-04
Special Listing Conditions
StateMassachusetts
Street NameCentral Ave
CityDudley
Zip Code01571
CountyWorcester
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones6
Sold Date21/03/2025
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total5197
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress31 Central Ave, Dudley MA 01571
Zoning
Interior Features for 31 Central Ave, Dudley, Massachusetts 01571
* Approx. Living Area Total5,197 sq ft
Living Area Includes BasementNo
Bedrooms16
* # Fireplaces0
Bathrooms (Total)6
Full Baths6
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_13
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_33
MLSPIN_BEDRMS_42
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_13
MLSPIN_F_BTHS_23
MLSPIN_F_BTHS_33
MLSPIN_F_BTHS_42
MLSPIN_GRE$19,956
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 31 Central Ave, Dudley, Massachusetts 01571
* Approximate Lot Size0.19 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces20
* Sewer Utilities
* Water Utilities
* Year Built1890
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)8,400 Sqft
Disclosures for 31 Central Ave, Dudley, Massachusetts 01571
Buyer Agent Compensation
ContingencyPending P&S
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 31 Central Ave, Dudley, Massachusetts 01571
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$121,200
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11950
MLSPIN_RENT21750
MLSPIN_RENT31650
MLSPIN_RENT41650
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$101,244
OperatingExpense$19,956
OriginalListPrice$919,000
RENT_FEE_INCLUDESUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)
TOTAL_RENT9900
WaterSewerExpense$0
Lifestyle Information for 31 Central Ave, Dudley, Massachusetts 01571
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features1 To 2 Mile To Beach, Beach Front, Beach Ownership(public), Lake/pond
Location information for 31 Central Ave, Dudley, Massachusetts 01571
Elementary School
Middle School
High School
NumberOfUnitsTotal6
Marketing History for 31 Central Ave, Dudley, Massachusetts 01571
MLSPIN_MARKET_TIME_BROKER6
MLSPIN_MARKET_TIME_PROPERTY6
PurchaseContractDate2025-02-09
Agent Information for 31 Central Ave, Dudley, Massachusetts 01571