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69 Milton St, Dedham, MA 02026

$1,165,000
Last sold 04/23/2025 for $1.17M
6
bed
4
bath
3,648
Sqft ($321/Sqft)

Multi-family not for sale

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About 69 Milton St

Property type Multi-family

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 0.39 Acre

Movoto estimate

Property description

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!

Listed by

Listing Agent - The Cobi Team

Listing Office - William Raveis R. E. & Home Services

Source: MLS Property Information Network, Inc.

MLS#73355932 • last updated 1 year ago

Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago

Overview
Cooling/AC	Other
Heating	Forced Air, Natural Gas, Baseboard
Levels/Style	7, 7
MLS #	73355932
Type	Residential Income
Status	Pending
SubType	3 Family
SqFt	3648
Lot Size (SqFt)	17000
Lot Size (Acres)	0.39
Annual Property Tax	11590
Year Built	1900

Interior
Total # of Bathrooms	4
# Full Baths	4
Total # of Bedrooms	6
Basement	Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Total # of Rooms	14
Flooring	Wood, Hardwood
Appliances	Range, Dishwasher, Disposal, Refrigerator
Interior Features	Ceiling Fan(s), Pantry, Upgraded Cabinets, Bathroom With Shower Stall, Bathroom With Tub & Shower, Country Kitchen, Storage, Living Room, Dining Room, Kitchen
Window Features	Insulated Windows

Exterior
Foundation	Stone
Roof	Shingle
Construction	Frame
Parking Desc	Off Street, Deeded
# Parking Spaces	10
Exterior Features	Rain Gutters
Patio/ Porch	Porch
Lot Desc	Cleared

Amenities / Utilities
Sewer	Public Sewer
Utilities	For Gas Range, for Electric Range
Electricity	Circuit Breakers
Water Source	Public

Location
County	Norfolk
Community Features	Public Transportation, Shopping, Pool, Walk/Jog Trails, Laundromat, Highway Access, Private School, Public School, T-Station
Elementary School	Dedham Public
Middle School	Dedham
High School	Dedham
Zoning	GB
APN	M:0113 L:0059, 70095
Directions	High Street To Milton Street

Multifamily Details
Rent Includes	Unit 1(Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
Net Operating Income	67233
Operating Expense	13500
Total Actual Rent	7405
Expense: Water/ Sewer	3000
Gross Income	88860
Expense: Electricity	1500
Gross Scheduled Income	3000