Overview Property Details Payment Calculator Walkability

Active

29 Ridgewood St, Boston MA 02122

$1,529,000

Estimated $3,666.77/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $509,666.67

Total Rent: 141000/year

Estimated CAP Rate: 7.86%

13 Bedrooms

3 Full Baths

3,906 SqFt

Total Parking: 5 (2 Garage)

3,969 SqFt

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 occup...

This home has been viewed 25 times

Last Checked: April 12th, 2025 at 4:38am (Source: MLS PIN #73355844)

Gross Income: $141,000

Gross Expenses: $20,837

Net Income Calc: $120,163

CAP Rate: 7.86%

Beach Front

Annual Expenses for 29 Ridgewood St, Boston MA 02122

Total Gross Expenses (Calculated)$20,837/year

APOD AvailableYes

Heating

Electricity$335

Water$1,606

Gas$1,606

Insurance$4,646

Sewer$1,606

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$14,250

Annual Income & Unit Breakdown for 29 Ridgewood St, Boston MA 02122

Total Gross Income (Calculated)$141,000

Unit 1

Rental Income$3,725

LeaseY

Bedrooms4

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$4,250

LeaseY

Bedrooms5

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$3,775

LeaseY

Bedrooms4

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 29 Ridgewood St, Boston MA 02122

Listing ID73355844

Property TypeMulti Family / 3 Family

Price$1,529,000 ($391.45/SqFt)

Style3 Family

CityBoston

CountySuffolk

MLS AreaDorchester's Meeting House Hill

Neighborhood(s)

Approximate Living Area Total3,906 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking5 (2 Garage)

Garage Parking2 / Detached

Year Built1905

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, 1/2 To 1 Mile To Beach

Energy Features

Terms

Disclosures for 29 Ridgewood St, Boston MA 02122

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceTax Return

Total Gross Expenses By Broker$1,941

Total Gross Income By Broker$141,000

Total Net Income By Broker$139,059

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 29 Ridgewood St, Boston MA 02122

Real Estate Taxes$14,250

Tax Year2025

Assessed Value$1,230,600

Financial Data SourceTax Return

Total Gross Expenses By Broker$1,941

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$141,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$139,059

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.86%

Location Information for 29 Ridgewood St, Boston MA 02122

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaDorchester's Meeting House Hill

Area AmenitiesHighway Access, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, University

Contact Information for 29 Ridgewood St, Boston MA 02122

Agent

Name: Galina Barry

MLS ID: BB804187

Office ID: AN0205

National Association ID: 449528430

Address: 18 Champa Street

City: Newton Upper Falls

State: MA

Zip: 02464

Office

Name: ERA Cape Real Estate, LLC

MLS Office ID: AN0205

Phone: 508-394-6588

Payment Calculator

$10,608.71 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,187.50

Principal & Interest $9,421.21

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

ERA Cape Real Estate, LLC

Galina Barry

Agent Phone

Office Phone

(508) 394-6588

Text Agent Call Agent Call Office

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EXIT

Active

29 Ridgewood St, Boston MA 02122

$1,529,000

Annual Expenses for 29 Ridgewood St, Boston MA 02122

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ERA Cape Real Estate, LLC

Galina Barry