362-364 East Street, Dedham, MA 02026
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$1,300,000
6 Unit
6 Beds
6 Baths
3522 SQFT
0.09 Acre

Property Description

362-364 East Street Dedham is a 6 unit multifamily investment property located in the heart of Dedham. The property is comprised entirely of 1 bedroom / 1 bath units while the second floor apartments feature an additional room perfect for a home-office. The building offers a great value-add opportunity for an investor to capture significant rental increases through unit renovations. Some recent upgrades are the roof, full fire alarm system, and new gas steam boiler. The tenants pay their own electricity costs and gas cooking while the landlord pays water/sewer, heat and hot water. East Street lies in a perfect location to all the nearby shopping, dining, and entertainment amenities.

Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 7
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Bike Path, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 121800
  • Gross Expenses: 41264
  • Net Operating Income: 80536

Utilities

  • Electric Info: 60 Amps/Less, Circuit Breakers, None, Underground
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73345305
  • Last Updated: 03/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/13/2025New$1,300,000$369MLSPIN

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Seller's Representative: Tony Pepdjonovic, Marcus & Millichap Real Estate Investment Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-13 16:34:00