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Sold on 02/09/2025

31 Central Ave, Dudley, MA 01571

$975,000

Last sold 02/09/2025 for $1M

  • 16

    bed

  • 6

    bath

  • 5,197

    Sqft ($192/Sqft)

Multi-family not for sale
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About 31 Central Ave

Property type Multi-family
Year built 1890
HOA fee $0/month
Lot size 8,400 Sqft
Movoto estimate
Property description
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!
Listed by
Listing Agent - Henry Rowe
Listing Office - Byrnes Real Estate Group LLC
Source: MLS Property Information Network, Inc. mls logo
MLS#73332010 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 6 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Baseboard, Natural Gas, Individual, Unit Control, Forced Air
Levels/Style 5, 5
MLS # 73332010
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 5197
Lot Size (SqFt) 8400
Lot Size (Acres) 0.19
Annual Property Tax 5399
Year Built 1890
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 16
Basement Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Dirt Floor, Concrete
Total # of Rooms 28
Laundry Electric Dryer Hookup
Flooring Tile, Vinyl, Carpet, Varies, Hardwood, Wood, Stone/Ceramic Tile
Appliances Range, Refrigerator
Interior Features Remodeled, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Living Room, Kitchen
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Off Street, Deeded
# Parking Spaces 20
Patio/ Porch Deck - Wood
Lot Desc Level
Amenities / Utilities
Sewer Public Sewer
Green Features: Energy Efficiency Thermostat, Varies Per Unit
Utilities For Electric Range, for Electric Dryer, Varies Per Unit
Electricity Circuit Breakers, Common, Individually Metered
Water Source Public
Location
Waterfront Lake/Pond, 1 To 2 Mile To Beach, Beach Ownership(Public)
County Worcester
Zoning B15
APN 3838067
Directions W Main St To Central Ave
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Net Operating Income 101244
Operating Expense 19956
Total Actual Rent 9900
Gross Income 121200
Lot/ Land Details
Road Frontage Public
$975K
Range: $799K-$1.15M
Last 30 days 
  • Apr 2025
    mls logo MLS # 73332010
  • Apr 11, 2025 Sold
    $1,000,000 (+8.8%)
  • Feb 10, 2025 Active
    —
  • Feb 4, 2025 Listed
    $919,000 (+278.2%)
  • Mar 2004
    Public Records
  • Mar 30, 2004 Sold
    $243,000
  • Year Property taxes Tax assessment
  • 2025
    $5,399 +16.9%
    $510,800 +15.91%
  • 2024
    $4,619 +11.2%
    $440,700 +7.78%
  • 2023
    $4,154 -14.3%
    $408,900 -1.33%
  • 2022
    $4,848 +1.2%
    $414,400 +6.37%
  • 2021
    $4,792
    $389,600
  • 31 Central Ave
    $1M
  • —
  • 01571
    $469K -12% y/y
  • Dudley
    $567K 0% y/y
No chart available
Statistics calculated by Movoto

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