Exceptional investment opportunity in the heart of Dedham! This duplex-style two-family property offers strong income potential with one spacious 3-bedroom unit and one large 4-bedroom unit, currently generating nearly 90K annually. Both units feature major recent upgrades including brand-new high-efficiency mini-split heating & cooling systems, upgraded electrical panels, and newer water heaters. The property has seen approximately 150K in capital improvements in recent years. Both basements are approximately 90% finished, offering an additional 1,100+ sq ft of potential living space with endless possibilities for extra bedrooms, bathrooms, laundry, home offices, studios, or potential additional rental expansion. Conveniently located just a 5-minute walk to Dedham Center, commuter rail, restaurants, shopping, and public transportation, with easy access to highways, Legacy Place, and downtown Boston. A rare opportunity for investors or owner-occupants seeking strong cash flow
This home has been viewed 14 times
Last Checked: May 17th, 2026 at 6:33am (Source: MLS PIN #73517070)
Gross Income: $90,240
Gross Expenses: $16,470
Net Income Calc: $73,770
Water Views
Annual Expenses for 427-429 High St, Dedham MA 02026
Total Gross Expenses (Calculated)$16,470/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9870
Annual Income & Unit Breakdown for 427-429 High St, Dedham MA 02026
Total Gross Income (Calculated)$90,240
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit3
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 427-429 High St, Dedham MA 02026
Listing ID73517070
Property TypeMulti Family
Price1050000 ($440.81/SqFt)
StyleMulti Family
CityDedham
CountyNorfolk
Neighborhood(s)
Approximate Living Area Total2382
Approximate Lot Size (Acres)0.12
Total Parking4
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 427-429 High St, Dedham MA 02026
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBasement Fridge
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 427-429 High St, Dedham MA 02026
Real Estate Taxes9870
Tax Year2025
Assessed Value$782,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 427-429 High St, Dedham MA 02026
Elementary SchoolAvery
Middle SchoolDedham
High SchoolDedham
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 427-429 High St, Dedham MA 02026