69 Milton Street

Dedham, MA 02026

$1,250,000
Price
6
Beds
4
Baths
3,648 Sq. Ft.
$343 / Sq. Ft.
3,648
Sq. Ft.
$343
per Sq. Ft.

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...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!
  1. Listed by The Cobi Team • William Raveis R. E. & Home Services
  2. Listed by Ilya Cobi • William Raveis R. E. & Home Services

Property Details for 69 Milton Street

Town
Dedham
Area
MA-Dedham
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10
LISTING UPDATED: 11/15/2024 01:35 PM

Property Details for 69 Milton Street

StatusActive
MLS #73301721
Days on Market69
Taxes$10,979 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyNorfolk County

Building Information for 69 Milton Street

Stories7Residences3Year Built1900Building Size-Lot Size0.39 AC / 17,000 SF

Property Information for 69 Milton Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station
  • Living Area: 3648.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Unknown/Mixed
  • Year Built Source: Public Records
Location/School
  • Grade School: Dedham Public
  • High School: Dedham
  • Middle School: Dedham
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Hardwood
  • Interior Features: Ceiling Fan(s), Pantry, Upgraded Cabinets, Bathroom with Shower Stall, Bathroom With Tub & Shower, Country Kitchen, Storage, Living Room, Dining Room, Kitchen
  • Interior Features: Other(See Remarks)
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch
  • Lot Description: Cleared
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Deeded
  • Parking Features: Off-Street, Deeded
  • Parking Features: Off-Street, Deeded
Utilities
  • Cooling: Other (See Remarks)
  • Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • 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.
Tax Information
  • Tax ID: M:0113 L:0059,70095
  • Assessments: $878,300
  • Book: 21821
  • Tax Year: 2024
  • Zoning: GB
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $1,500.00
  • GOI: $88,860.00
  • Gross Scheduled Income: $3,000.00
  • Insurance: $3,000.00
  • GRE: $13,500
  • HTE: $3,000
  • NOI: $67,233.00
  • Operating Expense: $13,500.00
  • WSE: $3,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,405.00

Property History for 69 Milton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 69 Milton Street

Taxable ValueLand$272,200Additions$606,100Total$878,300
Tax Record2024$10,979 ($915 / month)
Home Facts
Baths3Total Finished SqFt2,761 SqFtAbove Grade Finished SqFt2,761 SqFtUnfinished Basement SqFt1,236 SqFtStories3Lot Size17,000 SqFtStyleTriplexYear Built1900ZoningGBCountyNORFOLKAPNDEDH M:0113 L:0059

Schools near 69 Milton Street

This home is within Dedham School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Avery Elementary School
Public1 to 5

Dedham Middle School
Public6 to 8

Dedham High School
Public9 to 12

St. Anne School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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69 Milton Street is a multi-family home for sale in Dedham, MA 02026. This property was listed for sale on October 13, 2024 by William Raveis R. E. & Home Services, it's currently listed at $1,250,000. It has been on the market for a total of 69 days and was last sold on November 29, 2004. This listing's school district is Dedham School District. Nearby schools include Avery Elementary School, Dedham Middle School and Dedham High School. 69 Milton Street is a 6-bed, 4-bath, 3,648 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of William Raveis R. E. & Home Services, The Cobi Team; William Raveis R. E. & Home Services, Ilya Cobi

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.